MARKET PULSE-Alvarion, AMD, homebuilders, Alnylam Pharma, Merrimack
July 11 (Reuters) - Some U.S. stocks on the move on Thursday:
WALL ST CLIMBS ON BERNANKE, S&P 500 PASSES RECORD
U.S. stocks jumped, with the S&P 500 index climbing above its all-time closing high, after Federal Reserve Chairman Ben Bernanke reasserted that monetary policy will remain accommodative for some time. The Dow Jones Industrial Average was up 1.08 percent, the Standard & Poor's 500 Index was up 1.27 percent and the Nasdaq Composite Index was up 1.53 percent.
** ALVARION LTD, $0.46, down 56 pct (1509)
The Israeli wireless broadband technology firm said Silicon Valley Bank had requested a Tel Aviv court to enforce liens and appoint a receiver to collect a loan issued to the company.