MARKET PULSE-Solar stocks, Saks, Intersil, Synta Pharma, Wynn Resorts
July 29 (Reuters) - Some U.S. stocks on the move on Monday:
WALL ST OPENS LOWER, ENERGY AND MATERIALS WEIGH
U.S. stocks opened lower on Monday, with energy and material shares among the weakest sectors. The Dow Jones industrial average was down 0.25 percent, The Standard & Poor's 500 Index was down 0.22 percent, and the Nasdaq Composite Index was down 0.17 percent.
** SYNTA PHARMACEUTICALS CORP, $5.87, up 16 pct (0946 ET)
The biopharmaceutical company said a proof-of-concept study on its drug candidate ganetespib as a treatment for breast cancer has met its goal. Preliminary data showed the study could now be expanded and taken to its next stage, the company said.