By PR Newswire, October 09, 2013, 09:36:00 AM EDT
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LONDON, October 9, 2013 /PRNewswire/ --
The U.S. equity market fell on Tuesday, October 8, 2013. The S&P 500 ended the day at 1,655.45, down 1.23%; the Dow Jones Industrial Average closed at 14,776.53, down 1.07%; and the NASDAQ Composite finished at 3,694.83, down 2.00%. Shares in the credit services industry mostly edged lower, tracking losses in the broader market. The major movers in the industry included SLM Corporation (NASDAQ:SLM), CapitalSource Inc. (NYSE:CSE), Discover Financial Services (NYSE:DFS), and CIT Group Inc. (NYSE:CIT). AAAResearchReports.com has released full comprehensive research on SLM, CSE, DFS, and CIT. These free technical analyses can be downloaded by signing up at:
SLM Corp.'s stock fell on Tuesday, extending the losses from the previous trading session. The company's shares traded between $24.23 and $24.80 before finishing the day 1.70% lower at $24.28. A total of 2.75 million shares were traded, which is below the daily average volume of 2.88 million. Despite Tuesday's pullback, the company's shares have advanced 0.54% in the last one month and 5.24% in the previous three months, compared to gains of 0.02% and 0.91% in the S&P 500 during the respective periods. Additionally, SLM Corp.'s stock is trading above its 200-day moving average of $21.55. A free technical analysis on SLM available by signing up at:
On Tuesday, shares in CapitalSource Inc. edged higher to close at $12.18, up 0.50% from the previous day's closing price of $12.12. The company's shares oscillated between $12.10 and $12.23 during the trading session. A total of 1.79 million shares were traded, which is below the daily average volume of 2.35 million. The company's shares have gained 6.10% in the last one month and 24.54% in the previous three months, outperforming the S&P 500 which has advanced 0.02% and 0.91% during the respective periods. Furthermore, CapitalSource Inc.'s stock is trading near its 52-week high of $12.36 and above its 50-day and 200-day moving averages of $11.84 and $9.74, respectively. Register today and access free research on CSE at:
Shares in Discover Financial Services fell by 1.89% on Tuesday, extending the losses from the previous trading session. The company's shares closed the day at $48.74, after fluctuating between $48.68 and $49.87. A total of 2.99 million shares were traded, which is above the daily average volume of 2.79 million. Despite Tuesday's decline, the company's shares have advanced 0.31% in the last one month, compared to a gain of 0.02% in the S&P 500 during the same period. Moreover, Discover Financial Services' stock is trading above its 200-day moving average of $45.42. The free report on DFS can be downloaded by signing up now at:
CIT Group Inc.'s stock declined on Tuesday, tracking losses in the broader market. The company's shares vacillated between $48.57 and $49.23 before finishing the day 0.67% lower at $48.75. A total of 1.16 million shares were traded, which is below the daily average volume of 1.22 million. Despite Tuesday's losses, CIT Group Inc.'s stock is trading above its 200-day moving average of $45.06. Further, the company's shares have fallen by 0.12% in the previous three months, compared to a gain of 0.91% in the S&P 500 during the same period. A free report on CIT can be accessed by registering at:
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SOURCE AAA Research Reports