MARKET PULSE-Hess, MGIC, Ferro, CEDC, DragonWave, Hecla, Stratasys

Mon Mar 4, 2013 10:17am EST
 
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(For more market insights, including options activity, click on ; for The Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)

March 4 (Reuters) - Some U.S. stocks on the move on Monday:

WALL ST DIPS AT OPEN ON GROWTH CONCERNS

Wall Street lower at the open as worries about the prospects for global economic growth prompted investors to step back from equities that are within reach of record highs. The Dow Jones industrial average was down 0.10 percent, the Standard & Poor's 500 Index down 0.22 percent and the Nasdaq Composite Index down 0.33 percent.

** HESS CORP, $69.96, up 5 pct (0934 ET)

The oil and gas company will exit its retail, energy marketing and energy trading businesses following pressure from its third-largest shareholder - activist investor Elliott Management - to break up the company.

  Continued...