Early Morning Insight: Bank of America Corp., Citigroup Inc., TCF Financial Corp., and The PNC Financial Services Group Inc.
LONDON, September 25, 2013 /PRNewswire/ --
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On Tuesday, September 24, 2013, the S&P 500 ended the day at 1,697.42, down 0.26%; the Dow Jones Industrial Average closed at 15,334.59, down 0.43%; while the NASDAQ Composite finished at 3,768.25, up 0.08%. Shares in the money center banks industry mostly ended lower, even as the broader market fluctuated between gains and losses. The major movers in the sector included Bank of America Corporation (NYSE:BAC), Citigroup Inc. (NYSE:C), TCF Financial Corporation (NYSE:TCB), and The PNC Financial Services Group Inc. (NYSE:PNC). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on BAC, C, TCB, and PNCnow at:
Bank of America Corp.'s shares fell by 0.35% on Tuesday, even as the US equity market fluctuated between gains and losses. The company's shares oscillated between $14.01 and $14.25 before ending the day at $14.09. A total of 95.72 million shares were traded, which is below the daily average volume of 97.93 million. Despite Tuesday's decline, the company's shares have surged 14.55% in the previous three months, compared to a gain of 7.90% in the S&P 500 during the same period. Moreover, Bank of America Corp.'s stock is currently trading above its 200-day moving average of $12.79. Download free research on BAC today by registering at:
Shares in Citigroup Inc. fell sharply on Tuesday finishing the day 1.23% lower than the previous day's closing price of $49.57. The company's shares closed at $48.96 after oscillating between $48.93 and $49.48 during the trading session. A total of 26.32 million shares were traded, which is above the daily average volume of 24.49 million. Citigroup Inc.'s shares have gained 7.75% in the previous three months, underperforming the S&P 500 which has gained 7.90% during the same period. Further, the company's stock is trading above its 200-day moving average of $46.66. Sign up and have access to our free report on C at:
TCF Financial Corp.'s stock rose 0.85% on Tuesday, reversing most of the losses from the previous trading sessions. The company's shares oscillated between $14.08 and $14.41 before closing at $14.29 during the trading session. A total of 0.63 million shares were traded, which is below the daily average volume of 1.64 million. The company's shares have gained 0.49% in the previous three trading sessions and 4.46% in the last three months, compared to a loss of 1.45% and a gain of 7.90% in the S&P 500 during the respective periods. Additionally, TCF Financial Corp.'s stock is trading above its 200-day moving average of $14.16. Sign up and read the complimentary report on TCB at:
The PNC Financial Services Group Inc.'s stock edged lower on Tuesday, even as the broader market finished on a mixed note. The company's shares fluctuated between $72.52 and $73.27 before finishing the day 0.33% lower at $72.72. A total of 2.01 million shares were traded, which is below the daily average volume of 2.10 million. The company's shares have gained 3.11% in the previous three months, compared to a gain of 7.90% in the S&P 500 during the same period. Furthermore, The PNC Financial Services Group Inc.'s stock is trading above its 200-day moving average of $68.06. The free report on PNC can be downloaded by signing up now at:
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