MARKET PULSE-Apple, Facebook, Deere, Macy's, Steinway, The Medicines Co
Aug 14 (Reuters) - Some U.S. stocks on the move on Wednesday:
WALL STREET DIPS MODESTLY, BUT APPLE EXTENDS RALLY
U.S. stocks were slightly lower as investors found few reasons to make big bets, with equities near all-time highs and little clarity over Federal Reserve policy.
The Dow Jones industrial average was down 0.32 percent while the Standard & Poor's 500 Index was down 0.13 percent. The Nasdaq Composite Index was down 0.10 percent.
** APPLE INC, $496.79, up 1.4 pct (0931 ET)
Activist investor Carl Icahn said he has amassed a "large position" in the technology company and believes the stock could be worth as much as $700 if Chief Executive Tim Cook pushed for a larger stock buyback.
The surprise revelation from the billionaire activist caused a stir on Wall Street and pushed Apple's stock almost 5 percent higher to close at a 7-month high of $489.57 on the Nasdaq on Tuesday. Continued...