The S&P 500 Index (INDEXSP:.INX) had its very own volatile day on Thursday after various members of Congress made mixed comments and mixed economic data. Traders seemed disappointed when Senate Majority Leader Dem.- Harry Reid stated publicly that the U.S. was headed over the fiscal cliff.
Investors also weighed the news that U.S. consumer confidence declined to a four-month low. However, the indexes were sent screaming off their lows after a late day statement that Congress will reconvene on Sunday, as well as increase the rate of annual new homes sales. The S&P 500 completed the day down, scoring fourth consecutive fall.[article_detail_ad_1]
Ford Motor Company (NYSE:F) trimmed part of early losses on Thursday after a report that rising demand for petrol vehicles has pushed auto makers to increase efforts to boost exports of petrol engines and cars driven by the fuel to build volumes and counteract the unpleasant impact of foreign exchange fluctuations.
Its price decreased in the last trading session with a previous 52-week high of $13.05. The stock was trading on above-average volume. The stock traded at a volume of 108.32 million shares at a price fall of -0.23%. The share price is now up27.09% for the past three months. Latest closing price was 15.51% above its 50-day moving average and 21.29% above its 200-day moving average.
While trading at volume higher than average, Sprint Nextel Corporation(NYSE:S) climbed 1.08% yesterday after Bloomberg reported that Softbank Corp.’s scheduled acquisition of a stake in Sprint Nextel Corp. gave the end of the year a boost. Sprint’s previous 52-week high was $6.04 and moved up 140.17% over the same period, trading at a volume of 28.16 million. Shares have risen 79.55% over the trailing 6 months. The stock is currently trading 0.04% above its SMA 50 and 36.34% above its SMA 200.
Over the last 12 months for S&P component Pfizer Inc.(NYSE:PFE), a return on equity of 11.05 percent was realized due to the financial situation and earnings per share reached a value of $1.25. Last fiscal year, $0.96has been paid in form of dividends to investors. Earnings are projected to move up 2.21 percent for the coming five years. The stock closed at $25.14, down -0.10 points or -0.40% from previous close and at a distance of -0.60% from 20-day simple moving average.
Advanced Micro Devices, Inc.(NYSE:AMD) moved down -55.74% in this year and its price history showed most recently beta was at 2.40. Overall the last 12 months, the percentage change in the price was -55.74%, hitting the highest of $8.35 on Mar 27, 2012 while lowest level in that period was $1.81 on Nov 16, 2012. The company has recently lost executive Michael Goddard who has resigned from the chip maker to join Samsung.
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