Consumer Discretionary Sector Insights: Staples, Norfolk Southern, Sinclair
Broadcast Group, and Avnet
LONDON, December 11, 2013
LONDON, December 11, 2013 /PRNewswire/ --
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On Tuesday, December 10, 2013, the U.S. equity market ended on a lower note,
the S&P 500 closed the day at 1,802.62, down 0.32%; the Dow Jones Industrial
Average finished at 15,973.13, down 0.33%; and the NASDAQ Composite ended at
4,060.49, down 0.20%. The S&P 500 Consumer Discretionary Sector Index ended
the day 0.10% higher at 515.13; and the same has gained 2.70% in the last one
month and 9.03% in the previous three months, outperforming the S&P 500, which
has gained 1.81% and 7.04%, during the respective periods. The major movers in
the sector included Staples Inc. (NASDAQ: SPLS), Norfolk Southern Corporation
(NYSE: NSC), Sinclair Broadcast Group Inc. (NASDAQ: SBGI), and Avnet Inc.
(NYSE: AVT). AAAResearchReports.com free coverage on SPLS, NSC, SBGI, and AVT
is available upon registration at:
On Tuesday, Staples Inc.'s stock ended the day at $16.15, which is 0.69%
higher than the previous day's closing price of $16.04. The company's shares
vacillated between $15.89 and $16.21 during the trading session. A total of
7.97 million shares were traded, which at par with the daily average volume.
The company's shares have gained 2.70% in the last one month and 10.96% in the
previous three months, outperforming the S&P 500, which has gained 1.81% and
7.04%, during the respective periods. Additionally, Staples Inc.'s stock is
trading above its 50-day and 200-day moving averages of $15.53 and $14.93,
respectively. Download free technical research on SPLS by signing up at:
Shares in Norfolk Southern Corp. edged lower on Tuesday, to close the day at
$89.78, down 0.78% from the previous day's closing price of $90.49. The
company's shares oscillated between $89.69 and $90.96 during the trading
session. A total of 1.10 million shares were traded, which is below the daily
average volume of 1.74 million. Despite Tuesday's pullback, the company's
shares have gained 4.86% in the last one month and 17.61% in the previous
three months, outperforming the S&P 500, which has gained 1.81% and 7.04%,
during the respective periods. Moreover, Norfolk Southern Corp.'s stock is
trading near its 52-week high of $91.05 and above its 50-day and 200-day
moving averages of $84.22 and $77.65, respectively. Register now and get
access to free analysis on NSC at:
On Tuesday, shares in Sinclair Broadcast Group Inc. advanced, as the broader
market posted gains. The company's shares closed the day 1.48% higher at
$33.67, after trading between $32.75 and $33.88. A total of 0.99 million
shares were traded, which is below the daily average volume of 1.60 million.
The company's shares have gained 0.45% in the previous three trading sessions
and 18.49% in the last three months, compared to a gain of 0.99% and 7.04% in
the S&P 500 during the respective periods. Further, Sinclair Broadcast Group
Inc.'s stock is trading above its 50-day and 200-day moving averages of $33.47
and $27.60, respectively. Sign up and read our complimentary report on SBGI
Avnet Inc.'s stock fluctuated between $41.41 and $42.15 before finishing
Tuesday's session 1.38% higher at $41.96. A total of 1.24 million shares were
traded, which is above the daily average volume of 0.83 million. The company's
shares have gained 6.07% in the previous three trading sessions and 4.12% in
the last one month, outperforming the S&P 500, which has gained 0.99% and
1.81%, during the respective periods. Furthermore, Avnet Inc.'s stock is
trading near its 52-week high of $42.86 and above its 50-day and 200-day
moving averages of $40.92 and $37.18, respectively. The free report on AVT can
be downloaded by signing up now at:
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