|By PR Newswire||
|October 4, 2013 11:05 AM EDT||
LONDON, October 4, 2013 /PRNewswire/ --
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The U.S. equity market ended the day lower on Thursday, October 3, 2013. The Dow Jones Industrial Average closed at 14,996.48, down 0.90%; the S&P 500 closed at 1,678.66, down 0.90%; and the NASDAQ Composite finished at 3,774.34, down 1.07%. Shares in the money center banks industry ended mostly on a lower note, as the broader market edged lower. The major movers in the industry included JPMorgan Chase and Company (NYSE: JPM), KeyCorp (NYSE: KEY), Mitsubishi UFJ Financial Group Inc. (NYSE: MTU), and First Republic Bank (NYSE: FRC). AAAResearchReports.com has completed their technical analysis on JPM, KEY, MTU, and FRC and these free reports are accessible by registering at:
Shares in JPMorgan Chase and Co. edged lower on Thursday, reversing all the gains from the previous trading session. The company's shares fluctuated between $51.50 and $52.20 before finishing the day 0.29% lower at $51.94. A total of 18.59 million shares were traded, which is above the daily average volume of 18.58 million. The company's shares have gained 0.48% in the previous three trading sessions, compared to a loss of 0.17% in the S&P 500 during the same period. Furthermore, JPMorgan Chase and Co.'s stock is trading below its 50-day and 200-day moving averages of $52.17 and $52.00, respectively. Sign up for free technical research on JPM at:
On Thursday, KeyCorp.'s stock advanced to close at $11.45, up 0.26% from the previous day's closing price of $11.42. The company's shares oscillated between $11.30 and $11.51 during the trading session. A total of 12.83 million shares were traded, which is above the daily average volume of 10.43 million. The company's shares are up 0.44% in the previous three trading sessions, compared to a loss of 0.17% in the S&P 500 during the same period. Additionally, KeyCorp.'s stock is trading above its 200-day moving average of $11.05. Be sure to read our latest technical research on KEY by registering at:
Mitsubishi UFJ Financial Group Inc.'s stock fell by 0.79% on Thursday, tracking losses in the broader market. The company's shares oscillated between $6.27 and $6.33 before ending the day at $6.30. A total of 0.58 million shares were traded, which is below the daily average volume of 1.50 million. The company's shares have advanced 3.45% in the previous one month, compared to a gain of 2.37% in the S&P 500 during the same period. Moreover, Mitsubishi UFJ Financial Group Inc.'s stock is trading above its 50-day moving average of $6.28. Sign up and read the complimentary report on MTU at:
Shares in First Republic Bank edged lower on Thursday as the U.S. equity market finished on a negative note. The company's shares fluctuated between $46.48 and $47.19 before closing the day 0.94% lower at $46.60. A total of 0.55 million shares were traded, which is less than the daily average volume of 1.02 million. Despite Thursday's pullback, the company's shares have gained 19.15% in the previous three months and 4.74% in the last one month, outperforming the S&P 500 which has advanced 3.92% and 2.37% during the respective periods. Furthermore, First Republic Bank's stock is trading near its 52-week high of $47.50 as well as above its 50-day and 200-day moving averages of $45.53 and $40.94, respectively. The free report on FRC can be downloaded by signing up now at:
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