LONDON, January 13, 2014 /PRNewswire/ --
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On Friday, January 10, 2014, the U.S. equity market mostly edged higher. The S&P 500 ended the day at 1,842.37, up 0.23%; the Dow Jones Industrial Average closed at 16,437.05, down 0.05%; and the NASDAQ Composite Index finished at 4,174.67, up 0.44%. The S&P 500 Information Technology Sector Index closed the session at 578.77, up 0.20%; and the S&P 500 Semiconductors & Semiconductor Equipment Industry Group Index gained 0.54% to close at 418.93. Additionally, the S&P 500 Electronic Equipment & Instruments Sub Industry Index closed at 169.46, down 0.62%. The major movers in the information technology sector included Micron Technology Inc. (NASDAQ:MU), Jabil Circuit Inc. (NYSE:JBL), JA Solar Holdings Co Ltd(NASDAQ:JASO), and IPG Photonics Corp. (NASDAQ:IPGP). AAAResearchReports.com has completed their technical analysis on MU, JBL, JASO, and IPGP and these free reports are accessible by registering at:
Micron Technology Inc.'s stock posted gains on Friday, finishing the day 2.02% higher from the previous day's closing price of $23.24. The company's shares vacillated between $23.18 and $23.72, before closing the day at $23.71. A total of 34.65 million shares were traded, which is below the daily average volume of 43.40 million. Micron Technology Inc.'s shares have surged 40.80% in the previous three months and 9.11% in the last three trading sessions, outperforming the S&P 500, which has gained 8.17% and 0.24% during the respective periods. Moreover, the company's stock is trading above its 50-day and 200-day moving averages of $20.71 and $15.24, respectively. Sign up for free technical research on MU at:
Jabil Circuit Inc.'s stock edged 0.47% lower on Friday, finishing the day at $17.02, after oscillating between $16.89 and $17.16 during the trading session. A total of 2.96 million shares were traded, which is below the daily average volume of 3.53 million. Despite Friday's decline, the company's shares have advanced 2.41% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.24% during the same period. However, Jabil Circuit Inc.'s stock is trading below its 50-day and 200-day moving averages of $19.05 and $20.51, respectively. Be sure to read our latest technical research on JBL by registering at:
Shares in JA Solar Holdings Co. Ltd ended the day at $9.92, down 1.29%, after fluctuating between $9.82 and $10.19 during Friday's trading session. A total of 1.88 million shares were traded, which is below the daily average volume of 2.53 million. Despite Friday's losses, the company's shares have gained 1.02% in the previous three trading sessions and 18.94% in the last one month, outperforming the S&P 500, which has gained 0.24% and 3.78% during the respective periods. Furthermore, JA Solar Holdings Co. Ltd's stock is trading above its 50-day and 200-day moving averages of $9.90 and $8.16, respectively. Sign up and read the complimentary report on JASO at:
IPG Photonics Corp.'s stock rose 1.62% on Friday, closing the day at $74.17, after oscillating between $72.32 and $74.19 during the trading session. A total of 0.49 million shares were traded, which is above the daily average volume of 0.45 million. The company's shares have gained 3.55% in the previous one month and 20.56% in the last three months, compared to a gain of 3.78% and 8.17% in the S&P 500 during the respective periods. Further, IPG Photonics Corp.'s stock is trading above its 50-day and 200-day moving averages of $71.55 and $62.96, respectively. The free report on IPGP can be downloaded by signing up now at:
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SOURCE AAA Research Reports