Market Indicators for Today: McDermott Intl., Eldorado Gold, National Oilwell Varco, and Randgold Resources Editor Note: For more information about this release, please scroll to bottom PR Newswire LONDON, January 9, 2014 LONDON, January 9, 2014 /PRNewswire/ -- On Wednesday, January 08, 2014, the U.S. equity market ended on a mixed note with the S&P 500 closing the day at1837.49, down 0.02%; the Dow Jones Industrial Average ending at 16,462.74, down 0.41%; and the NASDAQ Composite finishing at4,165.61, up 0.30%. The S&P 500 Materials Sector Index edged 0.55% higher to end the day at 288.42; while the S&P 500 Gold Sub Industry Index ended the day at 55.09, down 2.30%; and the S&P 500 Oil & Gas Equipment & Services Sub Industry Index edged 0.92% lower to end the day at 626.65. The S&P 500 Materials Sector Index has gained 3.61% in the last one month and 10.59% in the previous three months, compared to a gain of 1.79% and 11.00% in the S&P 500 during the respective periods. The major movers in the sector included McDermott International Inc. (NYSE: MDR), Eldorado Gold Corporation (NYSE: EGO), National Oilwell Varco Inc. (NYSE: NOV), and Randgold Resources Ltd (NASDAQ: GOLD). All these companies are tracked by AAAResearchReports.com. Free technical research on MDR, EGO, NOV, and GOLD can be downloaded upon signing up at: http://www.aaaresearchreports.com/register/ McDermott Intl. Inc.'s stock traded between $8.93 and $9.11 before ending Wednesday's session 0.11% lower at $9.04. A total of 5.05 million shares were traded, which is above the daily average volume of 4.83 million. Despite Wednesday's losses, the company's shares have surged 13.57% in the last one month and 26.79% in the previous three months, outperforming the S&P 500, which has gained 1.79% and 11.00% during the respective periods. Moreover, McDermott Intl. Inc.'s stock is trading above its 50-day and 200-day moving averages of $8.06 and $8.51, respectively. Sign up today to read free research report on MDR at: http://www.AAAResearchReports.com/MDR010914.pdf On Wednesday, shares in Eldorado Gold Corp. closed the day at $5.91, up 0.34% from the previous day's closing price of $5.89. The company's shares oscillated between $5.75 and $5.93 during the trading session. A total of 4.68 million shares were traded, which is below the daily average volume of 5.63 million. The company's shares have gained 0.51% in the previous three trading sessions and 6.29% in the last one month, outperforming the S&P 500, which has advanced 0.33% and 1.79% during the respective periods. However, Eldorado Gold Corp.'s stock is trading below its 50-day and 200-day moving averages of $6.07 and $7.06, respectively. Register to download free technical analysis on EGO at: http://www.AAAResearchReports.com/EGO010914.pdf Shares in National Oilwell Varco Inc. declined on Wednesday, finishing the day 2.05% lower at $78.17. The company's shares fluctuated between $77.80 and $79.43 during the trading session. A total of 4.27 million shares were traded, which is above the daily average volume of 2.78 million. The company's shares have fallen by 0.74% in the previous three trading sessions and 4.19% in the last one month, underperforming the S&P 500, which has gained 0.33% and 1.79% during the respective periods. However, National Oilwell Varco Inc.'s stock is trading above its 200-day moving average of $74.41. A free report on NOV can be accessed by registering at: http://www.AAAResearchReports.com/NOV010914.pdf On Wednesday, shares in Randgold Resources Ltd ended the day at $61.25, which is 1.43% lower than the previous day's closing price of $62.14. The company's shares vacillated between $61.20 and $62.00 during the trading session. A total of 0.63 million shares were traded, which is below the daily average volume of 0.84 million. The company's shares have fallen by 6.40% in the last one month and 11.81% in the previous three months, underperforming the S&P 500, which has gained 1.79% and 11.00% during the respective periods. Additionally, Randgold Resources Ltd's stock is trading near its 52-week low of $60.17, and also below its 50-day and 200-day moving averages of $68.67 and $72.65, respectively. Register with AAA Research Reports and download the research on GOLD for free at: http://www.AAAResearchReports.com/GOLD010914.pdf ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. 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Market Indicators for Today: McDermott Intl., Eldorado Gold, National Oilwell Varco, and Randgold Resources
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