LONDON, January 2, 2014 /PRNewswire/ --
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On Tuesday, December 31, 2013, the U.S. equity market advanced. The S&P 500 ended the day at 1,848.36, up 0.40%; the Dow Jones Industrial Average closed at 16,576.66, up 0.44%; and the NASDAQ Composite Index finished at 4,176.59, up 0.54%. The S&P 500 Information Technology Sector Index closed the session at 585.48, up 0.73%; and the S&P 500 Communications Equipment Industry Index gained 0.83% to close at 268.69. The S&P 500 Communications Equipment Industry Index has gained 3.76% in the previous one month and 1.89% in the last three trading sessions, outperforming the S&P 500, which has gained 2.36% and 0.34% during the respective periods. The major movers in the Information Technology sector included Nokia OYJ (NYSE: NOK), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), ARRIS Group Inc. (NASDAQ: ARRS), and Motorola Solutions Inc. (NYSE: MSI). All these companies are tracked by AAAResearchReports.com. Free technical research on NOK, ERIC, ARRS, and MSI can be downloaded upon signing up at:
Shares in Nokia OYJ gained 1.50% on Tuesday, hitting a new 52-week high of $8.18. The company's shares closed the day at $8.11, after oscillating between $8.01 and $8.18 during the trading session. A total of 13.77 million shares were traded, which is below the daily average volume of 27.73 million. The company's shares have gained 22.51% in the previous three months and 2.79% in the last three trading sessions, outperforming the S&P 500, which has gained 9.05% and 0.34% during the respective periods. Furthermore, Nokia OYJ's stock is trading above its 50-day and 200-day moving averages of $7.73 and $5.18, respectively. Sign up today to read free research report on NOK at:
Telefonaktiebolaget LM Ericsson's stock advanced 1.16% on Tuesday, tracking gains in the broader market. The company's shares closed the day at $12.24, after vacillating between $12.11 and $12.25 during the trading session. A total of 2.84 million shares were traded, which is below the daily average volume of 3.61 million. The company's shares have advanced 1.66% in the previous three trading sessions, compared to a gain of 0.34% in the S&P 500 during the same period. Additionally, Telefonaktiebolaget LM Ericsson's stock is trading above its 50-day moving average of $12.22. Register to download free technical analysis on ERIC at:
ARRIS Group Inc.'s stock hit a new 52-week high of $24.40 on Tuesday, finishing the day 0.95% higher at $24.34, after fluctuating between $24.03 and $24.40 during the trading session. A total of 1.29 million shares were traded, which is below the daily average volume of 1.99 million. The company's shares have surged 43.26% in the previous three months and 18.62% in the last one month, outperforming the S&P 500, which has gained 9.05% and 2.36% during the respective periods. Moreover, ARRIS Group Inc.'s stock is trading above its 50-day and 200-day moving averages of $19.69 and $16.94, respectively. A free report on ARRS can be accessed by registering at:
On Tuesday, Motorola Solutions Inc.'s stock ended the day at $67.50, up 0.37% from the previous day's closing price of $67.25. The company's shares vacillated between $67.15 and $67.64 during the trading session. A total of 0.65 million shares were traded, which is below the daily average volume of 1.50 million. The company's shares have gained 10.86% in the previous three months and 2.46% in the last one month, outperforming the S&P 500, which has gained 9.05% and 2.36% during the respective periods. Further, Motorola Solutions Inc.'s stock is trading near its 52-week high of $67.67 and also above its 50-day and 200-day moving averages of $64.63 and $60.09, respectively. Register with AAA Research Reports and download the research on MSI for free at:
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