RPT-US STOCKS-Markets lower on China moves, tech a bright spot

                                
  (Repeats with additional story links)
                                
 * China to raise banks' reserve requirements
                                
 * Bernanke hits back at Fed critics
                                
 * Dell, Marvell rally after results
                                
 * Dow, S&P and Nasdaq all down 0.5 pct
                                
 * For up-to-the-minute market news see [STXNEWS/US]
  (Updates to early morning)
                                
 By Ryan Vlastelica
                                
 NEW YORK, Nov 19 (Reuters) - U.S. stocks fell on Friday
after China's central bank moved again to battle inflation,
though positive results from technology companies limited
losses.
                                
 The People's Bank of China raised bank reserve requirements
for the second time in two weeks, stepping up its fight to rein
in prices, a move that could temper growth. For details, see
[ID:nTOE6AI071]
                                
 "Commodities are seeing some increased pressure on China's
news because any attempt to tighten their policy is going to
dampen their ability to grow," said Michael McGervey, president
of McGervey Wealth Management in North Canton, Ohio.
                                
 "Since China obviously uses a lot of resources, if their
growth is tempered it will have a negative impact on demand for
commodities and materials."
                                
 Concerns about the effects of China inflation along with
debt woes in Europe have pressured equities in recent weeks. A
possible resolution to Ireland's debt crisis sparked a big
rally on Thursday.
                                
 Crude oil futures <CLc1> fell 1.2 percent, while the S&P
energy sector <.GSPE> lost 1 percent. The U.S. dollar index
<.DXY> was off 0.1 percent.
                                
 Both Dell Inc <DELL.O> and Marvell Technologies Group Ltd
<MRVL.O> rallied. Dell's quarterly profit blew past estimates
and the computer maker raised its profit outlook late Thursday,
while Marvell also topped profit expectations.
                                
 Marvel was the top percentage gainer on the Nasdaq 100,
jumping 4.4 percent to $19.76, while Dell was up 2.5 percent to
$14. [ID:nN18114219] and [ID:nSGE6AH003]
                                
 The Dow Jones industrial average <.DJI> dropped 50.62
points, or 0.47 percent, to 11,129.91. The Standard & Poor's
500 Index <.SPX> shed 6.27 points, or 0.52 percent, to
1,190.42. The Nasdaq Composite Index <.IXIC> lost 12.65 points,
or 0.50 percent, to 2,501.82.
                                
 The S&P 500 continued to hover around 1,200. If it fails to
break that level and stay above it, the index could wind up
trading in a tight range for the rest of the year, analysts
said.
                                
 Federal Reserve Chairman Ben Bernanke hit back at critics
of the Fed's bond-buying program, saying a more vigorous U.S.
economy was essential to fuel the global recovery and dismissed
charges he was debasing the dollar. [ID:nN18107490]
                                
 Del Monte Foods Co <DLM.N> rose 10.5 percent to $17.36
after Reuters reported sources as saying private equity firm
Kohlberg Kravis Roberts & Co <KKR.N> was in advanced talks to
buy the company. [ID:nSGE6AH0JU]
                                
 General Motors Co <GM.N> fell 1.6 percent to $33.65 a day
after it returned to Wall Street with the largest initial
public offering in U.S. history. Separately, Harrah's
Entertainment terminated its own IPO, citing market conditions.
[ID:nSGE6AI0HF]
  For Special Report-A far from random walk from Wall Street,
click [ID:nN12290800]; for a multimedia PDF version, see
http://link.reuters.com/rab36
  For a GM BUY OR SELL story, see [ID:nN18142191]
  (Editing by Jeffrey Benkoe)