LONDON, August 28, 2013 /PRNewswire/ --
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The U.S. equity market slipped on Tuesday, August 27, 2013. All three benchmark indexes closed lower, with the Dow Jones Industrial Average falling by 1.14%, the S&P 500 falling by 1.59%, and the NASDAQ Composite declining by 2.16%. Shares in the financial sector ended mostly on a lower note, tracking losses in the broader market. The major movers in the sector included FirstMerit Corporation (NASDAQ: FMER), Nomura Holdings Inc. (NYSE: NMR), Bank of Montreal (NYSE: BMO), and Associated Banc-Corp (NASDAQ: ASBC). AAAResearchReports.com initiated preliminary technical research on FMER, NMR, BMO, and ASBC. These free reports are accessible by signing today at:
On Tuesday, FirstMerit Corporation stock fell sharply by 3.35%, tracking losses in the broader market. The company's shares fluctuated between $21.65 and $22.15 before finishing the day at $21.65. A total of 1.24 million shares were traded, which is below the daily average volume of 1.30 million. Despite the recent losses, the company's shares have gained 18.83% in the last three months, outperforming the S&P 500 which has lost 1.16% during the same period. Moreover, FirstMerit Corporation's shares are trading above their 50-day and 200-day moving averages. The free technical analysis on FMER is available by signing up at:
Nomura Holdings Inc.'s stock fell sharply on Tuesday, extending the losses from previous trading session. The company's shares fluctuated between $7.16 and $7.27 before ending the day 1.37% lower at $7.18. A total of 0.47 million shares were traded, which is below the daily average volume of 1.15 million. The company's shares have fallen by 2.18% in the last three trading sessions, underperforming the S&P 500 which has fallen by 1.60% during the same period. Despite the recent losses, the company's stock continues to trade above its 200-day moving average. Register now to download free research on NMR at:
Bank of Montreal's shares posted modest gains on Tuesday, even as the broader market declined. The company's shares traded between $62.16 and $63.05 before finishing the day 0.53% higher at $62.93. A total of 0.82 million shares were traded, which is above the daily average volume of 0.47 million. The company's shares have gained 2.18% in the last three trading sessions and 2.86% in the last three months, outperforming the S&P 500 which has lost 1.60% and 1.16% during the respective periods. Furthermore, the company's stock is currently trading above its 50-day and 200-day moving averages. A free report on BMO can be accessed by registering at:
Associated Banc-Corp's shares plummeted on Tuesday as the broader market declined. The company's shares ended the day at $16.15, down 3.87%, after fluctuating between $16.09 and $16.80. A total of 2.44 million shares were traded, which is above the daily average volume of 1.02 million. Despite the recent losses, the company's shares have gained 5.62% in the last three months, outperforming the S&P 500 which has lost 1.16% during the same period. Moreover, the stock continues to trade above its 200-day moving average. Register with AAA Research Reports and download research on ASBC for free at:
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