LONDON, December 11, 2013 /PRNewswire/ --
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On Tuesday, December 10, 2013, the U.S. equity market edged lower. The S&P 500 ended the day at 1,802.62, down 0.32%; the Dow Jones Industrial Average closed at 15,973.13, down 0.33%; and the NASDAQ Composite finished at 4,060.49, down 0.20%. The S&P 500 Information Technology Sector Index closed 0.22% lower at 566.62; and the same has gained 8.52% in the previous three months and 3.30% in the last one month, outperforming the S&P 500, which has gained 7.04% and 1.81% during the respective periods. The major movers in the sector included Taiwan Semiconductor Manufacturing Co. Ltd (NYSE: TSM), NetApp Inc. (NASDAQ: NTAP), Rackspace Hosting Inc. (NYSE: RAX) and Silicon Graphics International Corp. (NASDAQ: SGI). AAAResearchReports.com has completed their technical analysis on TSM, NTAP, RAX, and SGI and these free reports are accessible by registering at:
Taiwan Semiconductor Manufacturing Co. Ltd's stock declined 1.14% on Tuesday, closing the day at $17.37, after oscillating between $17.32 and $17.49 during the trading session. A total of 9.87 million shares were traded, which is above the daily average volume of 9.70 million. The company's shares have declined 0.17% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.99% during the same period. Moreover, Taiwan Semiconductor Manufacturing Co. Ltd's stock is trading below its 50-day and 200-day moving averages of $17.91 and $17.77, respectively. Sign up for free technical research on TSM at:
NetApp Inc.'s stock edged 0.48% higher on Tuesday, even as the broader market declined. The company's shares finished the day at $41.46, after vacillating between $41.14 and $41.80 during the trading sessions. A total of 3.45 million shares were traded, which is below the daily average volume of 4.74 million. The company's shares have gained 3.88% in the previous one month, outperforming the S&P 500, which has gained 1.81% during the same period. Furthermore, NetApp Inc.'s stock is trading above its 50-day and 200-day moving averages of $40.70 and $38.78, respectively. Be sure to read our latest technical research on NTAP by registering at:
Shares in Rackspace Hosting Inc. finished the day at $33.19, down 0.18%. The company's stock oscillated between $33.04 and $33.69 during the trading session. A total of 2.11 million shares were traded, which is below the daily average volume of 2.48 million. The company's shares have lost 4.52% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.99% during the same period. Further, Rackspace Hosting Inc.'s stock is trading below its 50-day and 200-day moving averages of $45.74 and $45.54, respectively. Sign up and read the complimentary report on RAX at:
On Tuesday, Silicon Graphics International Corp.'s stock ended the day at $12.82, which is 0.54% lower than the previous day's closing price of $12.89. The company's shares vacillated between $12.77 and $13.06 during the trading session. A total of 0.24 million shares were traded, which is below the daily average volume of 0.58 million. Despite Tuesday's losses, the company's shares have gained 5.08% in the previous one month, outperforming the S&P 500, which has gained 1.81% during the same period. However, Silicon Graphics International Corp.'s stock is trading below its 50-day and 200-day moving averages of $13.75 and $14.60, respectively. The free report on SGI can be downloaded by signing up now at:
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