LONDON, August 19, 2013 /PRNewswire/ --
The US equity market slipped on Friday, August 16, 2013. All three benchmark indexes closed lower, with the Dow Jones Industrial Average falling 0.20%, the S&P 500 falling 0.33%, and the NASDAQ composite declining 0.09%. Shares in asset management companies ended mostly lower, tracking losses in the broader market. The major movers in the sector included Invesco Ltd. (NYSE: IVZ), Prospect Capital Corporation (NASDAQ: PSEC), KKR & Company L.P. (NYSE: KKR), and Eaton Vance Corporation (NYSE: EV). AAAResearchReports.com has released full comprehensive research on IVZ, PSEC, KKR, and EV. These free technical analyses can be downloaded by signing up at:
Invesco Ltd stock closed 0.22% lower at $32.04 on Friday after oscillating between $31.99 and $32.43. A total of 3.63 million shares were traded, which is below the daily average volume of 3.70 million. The company's shares have lost 1.48% in last one month, outperforming the S&P 500 which has lost 2.14% during the same period. Further, the stock is trading above its 200-day moving average. Download free report on IVZ upon registration at:
Shares in Prospect Capital Corporation fluctuated between gains and losses on Friday before ending the day at $10.89, up 0.09%. The company's shares oscillated between $10.86 and $10.96. A total of 2.14 million shares were traded, which is below the daily average volume of 2.72 million. The company's shares have lost 0.27% in the last three trading sessions, outperforming the S&P 500 which has lost 2.26% during the same period. Further, Prospect Capital Corp.'s stock is trading above its 50-day moving average. PSEC technical report can be accessed for free by signing up at:
Shares in KKR & Company L.P. closed lower on Friday, extending their losses from the previous trading session. The company's shares traded between $19.33 and $19.71 before finishing the day 0.62% lower at $19.37. A total of 0.60 million shares were traded, which is below the daily average volume of 2.30 million. Further, the stock has fallen 5.19% in the previous three trading sessions and 7.36% in the last three months, underperforming the S&P 500 which has fallen 2.26% and 0.70% during the same periods. Despite the recent losses, the company's stock continues to trade above its 200-day moving average. The free report on KKR can be downloaded by signing up now at:
Shares in Eaton Vance Corporation moved lower on Friday, extending their losses from previous trading sessions. The company's shares fluctuated between $39.01 and $39.56 before finishing the day 0.96% lower at $39.07. A total of 0.64 million shares were traded, which is slightly below the daily average volume of 0.65 million. The company's shares have dipped 3.39% in the last three trading sessions, underperforming the S&P 500 which has lost 2.26% during the same period. Furthermore, Eaton Vance Corporation's stock is trading above its 200-day moving average. A free report on EV can be accessed by registering at:
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