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LONDON, December 17, 2013 /PRNewswire/ --
On Monday, December 16, 2013, the U.S. equity market started the week on a positive note. The S&P 500 ended the day at 1,786.54, up 0.63%; the Dow Jones Industrial Average closed at 15,884.57, up 0.82%; and the NASDAQ Composite Index finished at 4,029.52, up 0.71%. The S&P 500 Information Technology Sector Index gained 0.97% to close the session at 561.77; and the S&P 500 Semiconductors and Semiconductor Equipment Industry Group Index gained 1.00% to finish at 404.14. The S&P 500 Semiconductors and Semiconductor Equipment Industry Group Index has advanced 0.26% in the previous one month and 5.28% in the last three months, outperforming the S&P 500, which has lost 0.65% and has gained 5.24% during the respective periods. Additionally, the S&P 500 Electronic Equipment and Instruments Sub Industry Index closed the session 0.84% lower at 149.31. The major movers in the information technology sector included Flextronics International Ltd (NASDAQ:FLEX), Canadian Solar Inc. (NASDAQ:CSIQ), Linear Technology Corp. (NASDAQ:LLTC), and Analog Devices Inc. (NASDAQ:ADI). AAAResearchReports.com initiated preliminary technical research on FLEX, CSIQ, LLTC, and ADI. These free reports are accessible by signing today at:
Flextronics International Ltd's stock surged 3.01% on Monday, tracking gains in the US equity market. The company's shares ended the day at $7.37, after oscillating between $7.18 and $7.44 during the trading session. A total of 6.59 million shares were traded, which is above the daily average volume 4.88 million. The company's shares have advanced 3.30% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.24% during the same period. However, Flextronics International Ltd's stock is trading below its 50-day and 200-day moving averages of $8.09 and $7.91, respectively. The free technical analysis on FLEX is available by signing up at:
Canadian Solar Inc.'s stock rallied 5.20% on Monday, closing the day's session at $29.13, after vacillating between $27.57 and $29.26 during the trading session. A total of 3.13 million shares were traded, which is below the daily average volume of 3.90 million. The company's shares have gained 8.82% in the previous three trading sessions and 105.43% in the last three months, outperforming the S&P 500, which has gained 0.24% and 5.24% during the respective periods. Moreover, Canadian Solar Inc.'s stock is trading above its 50-day and 200-day moving averages of $26.16 and $13.63, respectively. Register now to download free research on CSIQ at:
Linear Technology Corp.'s stock finished the day at $43.95, up 1.38% from the previous day's closing price of $43.35. On Monday, the company's shares fluctuated between $43.59 and $43.99 during the trading session. A total of 1.33 million shares were traded, which is below the daily average volume of 1.96 million. The company's shares have advanced 8.98% in the previous three months and 4.12% in the last one month, outperforming the S&P 500, which has gained 5.24% and has lost 0.65% during the respective periods. Furthermore, Linear Technology Corp.'s stock is trading near its 52-week high of $44.26 and also above its 50-day and 200-day moving averages of $41.13 and $38.87, respectively. A free report on LLTC can be accessed by registering at:
Shares in Analog Devices Inc. gained 0.68% on Monday, finishing the day's session at $48.74, after vacillating between $48.39 and $48.84 during the trading session. A total of 1.52 million shares were traded, which is below the daily average volume of 1.98 million. The company's shares have advanced 0.14% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.24% during the same period. However, Analog Devices Inc.'s stock is trading above its 50-day and 200-day moving averages of $48.52 and $46.89, respectively. Register with AAA Research Reports and download research on ADI for free at:
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