LONDON, December 12, 2013 /PRNewswire/ --
On Wednesday, December 11, 2013, the U.S. equity market edged lower. The S&P 500 ended the day at 1,782.22, down 1.13%; the Dow Jones Industrial Average closed at 15,843.53, down 0.81%; and the NASDAQ Composite finished at 4,003.81, down 1.40%. The S&P 500 Consumer Discretionary Sector Index closed the session 0.99% lower at 510.01; and the S&P 500 Specialty Retail Industry Index edged 0.48% lower to close at $653.79. The S&P 500 Specialty Retail Industry Index has declined 1.14% in the previous three trading sessions, outperforming the S&P 500, which has lost 1.27% during the same period. Additionally, the S&P 500 Road & Rail Industry Index declined 1.62% to close at 903.83. The major movers in the industry included Office Depot Inc. (NYSE: ODP), PetSmart Inc. (NASDAQ: PETM), Express Inc. (NYSE: EXPR), and Canadian National Railway Co. (NYSE: CNI). AAAResearchReports.com has completed their technical analysis on ODP, PETM, EXPR, and CNI and these free reports are accessible by registering at:
Shares in Office Depot Inc. declined 1.67% on Wednesday, tracking losses in the US equity market. The company's shares closed the day at $5.29, after vacillating between $5.24 and $5.43 during the trading session. A total of 8.44 million shares were traded, which is below the daily average volume of 10.93 million. Despite Wednesday's pullback, the company's shares have surged 20.23% in the previous three months, outperforming the S&P 500, which has gained 5.51% during the same period. Additionally, Office Depot Inc.'s stock is trading above its 200-day moving average of $4.44. Sign up for free technical research on ODP at:
PetSmart Inc.'s stock vacillated between $72.80 and $73.58 before ending Wednesday's session 0.30% lower at $72.92. A total of 1.03 million shares were traded, which is below the daily average volume of 1.14 million. The company's shares have lost 0.63% in the previous three trading sessions, outperforming the S&P 500, which has lost 1.27% during the same period. Further, PetSmart Inc.'s stock is trading above its 200-day moving average of $69.96. Be sure to read our latest technical research on PETM by registering at:
Express Inc.'s stock plummeted on Wednesday, tracking losses in the broader market. The company's shares finished the day 3.18% lower at $18.24, after fluctuating between $18.22 and $18.97 during the trading session. A total of 2.22 million shares were traded, which is above the daily average volume of 1.29 million. The company's shares have declined 6.80% in the previous three trading sessions, underperforming the S&P 500, which has lost 1.27% during the same period. Moreover, Express Inc.'s stock is trading below its 50-day and 200-day moving averages of $23.03 and $21.00, respectively. Sign up and read the complimentary report on EXPR at:
Shares in Canadian National Railway Co. plummeted 2.87% on Wednesday, closing the day at $54.49, after vacillating between $54.33 and $56.24 during the trading session. A total of 1.15 million shares were traded, which is above the daily average volume of 0.86 million. Despite Wednesday's decline, the company's shares have surged 11.50% in the previous three months, outperforming the S&P 500, which has gained 5.51% during the same period. Furthermore, Canadian National Railway Co.'s stock is trading above its 200-day moving average of $50.74. The free report on CNI can be downloaded by signing up now at:
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SOURCE AAA Research Reports