MARKET PULSE-Conatus Pharma, Oncomed, Tesla, Abercrombie & Fitch

Tue Dec 3, 2013 9:17am EST
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter, U.S. stocks were poised to open lower on Tuesday, indicating the S&P 500 may fall for a third consecutive day on concerns a scale-back in stimulus by the Federal Reserve may be on the horizon.

Dow Jones industrial average futures were down 0.46 percent at 15,925, S&P 500 futures were down 0.37 percent at 1,793 and Nasdaq 100 futures were down 0.17 percent at 3,477.

** APPLE INC, Monday close $551.23, +1.26 pct premarket

The i-Phone maker has acquired social media search and analytics startup Topsy, an unusual purchase for a hardware-focused company that has made few forays into social networking.

** TWITTER INC, Monday close $40.78, -0.32 pct premarket

Some of the five lead underwriters of the social media company's initial public offering said it might not achieve Facebook-like scale and its stock may not rise much.

** ABERCROMBIE & FITCH CO, Monday close $34.02, +1.47 pct premarket   Continued...