MARKET PULSE-Bank of America, Catalyst Pharma, Star Bulk Carriers
Aug 27 (Reuters) - Some U.S. stocks to watch on Tuesday:
FUTURES SLIDE ON SYRIA TENSION
Index futures fell further after Western powers told the Syrian opposition to expect a strike against President Bashar al-Assad's forces within days, according to sources who attended a meeting between envoys and the Syrian National Coalition in Istanbul. S&P 500 futures were down 0.97 percent. Dow Jones industrial average futures were down 0.84 percent points and Nasdaq 100 futures were down 1.12 percent. The U.S. military is ready to act immediately should President Barack Obama order action against Syria over a chemical weapons attack, Defense Secretary Chuck Hagel said in a television interview with the BBC.
** BANK OF AMERICA CORP, Monday close $14.49, down 1 pct premarket
A federal judge on Monday threw out the bank's lawsuit against the Federal Deposit Insurance Corp over $1.7 billion of investor losses stemming from the collapses in 2009 of a large regional bank and a large mortgage lender. The lawsuit concerned the FDIC's role as receiver for a banking unit of Alabama's Colonial BancGroup Inc and the implosion of Taylor, Bean & Whitaker Mortgage Corp, home to what federal prosecutors called a $2.9 billion mortgage fraud.
** JPMORGAN CHASE & CO, Monday close $51.80, down 0.9 pct premarket Continued...