Intel, Cadence Design Systems, InvenSense, and Entropic Comm. Early Briefing and Review PR Newswire LONDON, July 12, 2013 LONDON, July 12, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. The U.S. equity market rallied on Thursday, July 11, 2013, as market participants took note of Federal Reserve Chairman, Ben Bernanke's comment to support the U.S economic growth with easy monetary policy. Bernanke stated that the Fed plans to continue with its accommodative monetary policy for the foreseeable future even if the U.S unemployment rate hit the central bank's target of 6.50%. Bernanke's comment came after the minutes from the recent FOMC meet indicated that many Fed officials wants the outlook for the labor market to improve further, before scaling back the Fed's bond purchase program. The dovish comments from Bernanke pushed all three benchmark indexes sharply higher on Thursday, with the Dow Jones and the S&P 500 closing at record highs. The technology sector was one of the best performers in the S&P 500. The major movers in the sector included Intel Corporation (NASDAQ: INTC), Cadence Design Systems Inc. (NASDAQ: CDNS), InvenSense Inc. (NYSE: INVN), and Entropic Communications Inc. (NASDAQ: ENTR). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at: http://www.aaaresearchreports.com/register/ Shares in Intel Corporation rose sharply on Thursday, tracking gains in the broader market. The company's shares ended the day 3.18% higher at $23.99 after oscillating between $23.47 and $24.00. A total of 41.32 million shares were traded which is above the daily average volume of 40.80 million. Despite Thursday's gains, the company's shares have fallen by 2.91% in the last one month. Sign up for free report on INTC at: http://www.AAAResearchReports.com/INTC071213.pdf Cadence Design Systems Inc.'s stock moved higher on Thursday. The stock rose to a 52-week high of $15.52 before closing the day 1.38% higher at $15.48. A total of 1.97 million shares were traded which is below the daily average volume of 2.16 million. The company's shares have gained 4.81% in the last one month, thus outperforming the S&P 500. In the last three months, the stock has gained 16.13% as compared to a gain of 5.12% in the S&P 500. CDNS free technical report can be accessed by signing up at: http://www.AAAResearchReports.com/CDNS071213.pdf Shares in InvenSense Inc. rallied on Thursday, finishing at $15.84, up 3.33% from its previous closing price. The company's shares fluctuated between $15.25 and $15.88. A total of 2.26 million shares were traded which is below the daily average volume of 2.54 million. InvenSense's shares have outperformed the S&P 500 in the last one month, by gaining 20.73%. The stock is currently hovering around its 52-week high of $16.21. A free report on INVN can be accessed by registering at: http://www.AAAResearchReports.com/INVN071213.pdf Entropic Communications Inc.'s stock edged higher on Thursday, tracking gains in the broader market. The company's shares ended the day 0.71% higher at $4.23 after oscillating between $4.16 and $4.25. A total of 468,292 shares were traded which is below the daily average volume of 675,056. Entropic's shares have fallen by 7.03% in the last one month, compared to a gain of 3.01% in the S&P 500. Nonetheless, in the last three months, the stock has gained 2.05%, thus underperforming the broader market. Register with AAA Research Reports and download research on ENTR for free at: http://www.AAAResearchReports.com/ENTR071213.pdf EDITOR NOTES: 1.This is not company news. 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Intel, Cadence Design Systems, InvenSense, and Entropic Comm. Early Briefing and Review
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