By PR Newswire, October 21, 2013, 08:37:00 AM EDT
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LONDON, October 21, 2013 /PRNewswire/ --
The U.S. equity market posted gains on Friday, October 18, 2013. All three benchmark indexes edged higher, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite gaining 0.65%, 0.18% and 1.32% respectively. Shares in the technology sector ended on a positive note, tracking gains in the broader market. The major movers in the sector included Microsoft Corporation (NASDAQ:MSFT), Yahoo! Inc. (NASDAQ:YHOO), SunPower Corporation (NASDAQ:SPWR), and Finisar Corporation (NASDAQ:FNSR). AAAResearchReports.com has released full comprehensive research on MSFT, YHOO, SPWR, and FNSR. These free technical analyses can be downloaded by signing up at:
On Friday, Microsoft Corp.'s stock edged slightly higher to end the day at $34.96, which is 0.11% higher than the previous day's closing price of $34.92. The company's shares vacillated between $34.33 and $34.99 during the trading session. A total of 41.81 million shares were traded, which is below the daily average volume of 53.58 million. The company's shares have gained 11.34% in the previous three months and 6.61% in the last one month, outperforming the S&P 500, which has gained 3.10% and 2.02% during the respective periods. Further, Microsoft Corp.'s stock is trading above its 50-day and 200-day moving averages of $32.99 and $31.42, respectively. Download free report on MSFT upon registration at:
Yahoo! Inc.'s stock advanced on Friday, tracking gains in the broader market. The company's shares closed the day 2.09% higher at $33.43, after oscillating between $33.11 and $33.75 during the trading session. A total of 24.63 million shares were traded, which is above the daily average volume of 18.72 million. The company's shares have advanced 14.84% in the previous three months and 8.10% in the last one month, outperforming the S&P 500, which has gained 3.10% and 2.02% during the respective periods. Moreover, Yahoo! Inc.'s stock is trading above its 50-day and 200-day moving averages of $30.31 and $25.64, respectively. YHOO technical report can be accessed for free by signing up at:
Shares in SunPower Corp. rallied sharply on Friday, hitting a new 52-week high of $33.61. The company's shares vacillated between $31.35 and $33.61 before finishing the day 6.27% higher at $33.57. A total of 4.16 million shares were traded, which is above the daily average volume of 3.45 million. SunPower Corp.'s shares have rallied 39.01% in the last one month and 31.60% in the previous three months, outperforming the S&P 500, which has gained 2.02% and 3.10% during the respective periods. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages of $24.81 and $17.77, respectively. The free report on SPWR can be downloaded by signing up now at:
Finisar Corp.'s stock also rallied on Friday, hitting a new 52-week high of $26.08. The company's shares finished the day at $25.73, up 5.97% from the previous day's closing price of $24.28, after vacillating between $24.63 and $26.08. A total of 4.81 million shares were traded, which is above the daily average volume of 1.96 million. The company's stock has gained 8.52% in the previous one month and 39.23% in the last three months, compared to a gain of 2.02% and 3.10% in the S&P 500 during the respective periods. Further, Finisar Corp.'s stock is trading above its 50-day and 200-day moving averages of $22.67 and $16.96, respectively. A free report on FNSR can be accessed by registering at:
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SOURCE AAA Research Reports