LONDON, July 31, 2013 /PRNewswire/ --
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The U.S. equity market ended on a mixed note on Tuesday, July 30, 2013, as market participants remained focused on the Federal Reserve's monetary policy meeting. The Fed is scheduled to release their monetary policy statement on Wednesday, July 31, 2013. The statement is expected to provide further details on earlier hints of the central bank plans to start easing its $85 billion a month bond purchase program. Meanwhile, investors are also waiting for the all-important non-farm payrolls data for the month of July which is scheduled to be released later this week. On Tuesday, the S&P 500 and the NASDAQ still managed to post gains, while the Dow Jones ended slightly lower. Shares in the basic materials sector ended on a mixed note in line with the broader markets. The major movers in the sector included Praxair Inc. (NYSE: PX), Stillwater Mining Company (NYSE: SWC), Enbridge Energy Partners L.P. (NYSE: EEP), and Celanese Corporation (NYSE: CE). All these companies are tracked by AAAResearchReports.com. Free technical research on PX, SWC, EEP, and CE can be downloaded upon sign up at:
Shares in Praxair Inc. moved higher on Tuesday, hitting a 52-week high of $121.04. The company's shares ended the day 1.02% higher at $120.68. A total of 1.87 million shares were traded which is below the daily average volume of 1.42 million. Praxair's shares have gained 4.79% in the last one month and 5.58% in the last three months as compared to a gain of 4.96% and 5.53% in the S&P 500 during the respective periods. Sign up today to read free research report on PX at:
Stillwater Mining Company's stock edged higher on Tuesday, extending its gains from previous trading sessions. The company's shares oscillated between $11.71 and $12.10 before ending the session 1.18% higher at $12.04. A total of 0.95 million shares were traded which is below the daily average volume of 1.40 million. Stillwater Mining's shares have gained 1.95% in the last three trading sessions as compared to a loss of 0.25% in the S&P 500. Register to download free technical analysis on SWC at:
Shares in Enbridge Energy Partners L.P. slipped on Tuesday, finishing at $32.20, down 1.38% from its previous trading session's closing price. The company's shares fluctuated between $31.26 and $32.63. A total of 1.46 million shares were traded which is above the daily average volume of 813,114. Despite Tuesday's pullback, Enbridge Energy Partners' shares have advanced by 5.61% in the last one month, consequently outperforming the S&P 500. Moreover, the stock is currently trading near its 52-week high of $33.49. A free report on EEP can be accessed by registering at:
Celanese Corporation's stock rose sharply on Tuesday even as the broader market ended on a mixed note. The company's shares ended the day 2.12% higher at $48.09 after fluctuating between $47.13 and $48.41. A total of 1.34 million shares were traded which is above the daily average volume of 1.09 million. The company's shares have gained 7.34% in the last one month, thus outperforming the S&P 500. Register with AAA Research Reports and download the research on CE for free at:
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