MARKET PULSE-Microsoft, Aeropostale, Pandora, Autodesk, Darling, Net 1

Fri Aug 23, 2013 10:28am EDT
 
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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/kuc62v)

Aug 23 (Reuters) - Some U.S. stocks on the move on Friday:

WALL ST OPENS WITH GAINS; MICROSOFT JUMPS

U.S. stocks rose at the open on Friday, lifted by Microsoft shares. The Dow Jones industrial average rose 0.18 percent, the S&P 500 0.29 percent and the Nasdaq Composite 0.57 percent.

** MICROSOFT CORP, $34.51, up 7 pct (9:36 a.m. ET)

Microsoft said Chief Executive Steve Ballmer will retire within the next 12 months, once it completes the process of choosing his successor.

About 80 million shares changed hands on the Nasdaq by 9:56 a.m. ET, more than double the 10-day moving average of the stock.   Continued...