Morning Market Bellwether: Target, Dollar General, Dollar Tree, and Costco Wholesale
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LONDON, January 10, 2014 /PRNewswire/ --
On Thursday, January 09, 2014, the U.S. equity market finished on a mixed note. The S&P 500 ended the day at 1,838.13, up 0.03%; the Dow Jones Industrial Average closed at 16,444.76, down 0.11%; and the NASDAQ Composite Index finished at 4,156.19, down 0.23%. The S&P 500 Consumer Discretionary Sector Index closed the session at 524.40, down 0.12%; and the S&P 500 Multiline Retail Industry Index rose 2.15% to close at 621.19. The S&P 500 Multiline Retail Industry Index has gained 1.30% in the previous three trading sessions and 1.68% in the last one month, outperforming the S&P 500, which has gained 0.62% and 1.65% during the respective periods. Additionally, the S&P 500 Food & Staples Retailing Industry Group Index gained 1.06% to close at 316.23. The major movers in the consumer discretionary sector included Target Corp. (NYSE: TGT), Dollar General Corp. (NYSE: DG), Dollar Tree Inc. (NASDAQ: DLTR), and Costco Wholesale Corp. (NASDAQ: COST). All these companies are tracked by AAAResearchReports.com. Free technical research on TGT, DG, DLTR, and COST can be downloaded upon signing up at:
Target Corp.'s stock gained 1.04% on Thursday, ending the day at $63.34, after oscillating between $62.77 and $63.59 during the trading session. A total of 7.26 million shares were traded, which is above the daily average volume 5.23 million. The company's shares have advanced 1.04% in the previous three months, underperforming the S&P 500, which has gained 10.97% during the same period. Further, Target Corp.'s stock is trading below its 50-day and 200-day moving averages of $63.91 and $67.11, respectively. Sign up today to read free research report on TGT at:
Dollar General Corp.'s stock surged 3.08% on Thursday, hitting a new 52-week high of $62.64. The company's shares finished the day at $61.54, after oscillating between $58.94 and $62.64 during the trading session. A total of 8.04 million shares were traded, which is above the daily average volume 3.06 million. The Dollar General Corp.'s shares have gained 3.24% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.62% during the same period. Moreover, the company's stock is trading above its 50-day and 200-day moving averages of $59.14 and $55.25, respectively. Register to download free technical analysis on DG at:
On Thursday, Dollar Tree Inc.'s stock closed the day at $56.43, down 0.37% from the previous day's closing price of $56.64. The company's shares vacillated between $55.64 and $56.91 during the trading session. A total of 3.42 million shares were traded, which is above the daily average volume of 1.96 million. Despite Thursday's decline, the company's shares have advanced 2.08% in the previous one month, outperforming the S&P 500, which has gained 1.65% during the same period. Additionally, Dollar Tree Inc.'s stock is trading above its 200-day moving average of $53.45. A free report on DLTR can be accessed by registering at:
Costco Wholesale Corp.'s stock rose on Thursday, finishing the day at $118.51, up 3.91% from the previous day's closing price of $114.05. The company's shares vacillated between $114.05 and $119.10 during the trading session. A total of 5.76 million shares were traded, which is above the daily average volume of 1.92 million. The company's shares have gained 1.81% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.62% during the same period. Furthermore, Costco Wholesale Corp.'s stock is trading above its 200-day moving average of $114.68. Register with AAA Research Reports and download the research on COST for free at:
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SOURCE AAA Research Reports
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