NEW YORK, NY / ACCESSWIRE / May 22, 2018 / U.S. equities closed up on Monday, with the Dow Jones bouncing back to 25,000 milestones. Tension between U.S. and China eased after statement from Treasury Secretary Steven Muchin, which calls for a delay of tariff implementation on Chinese good and said to ?put the trade war on hold?. The Dow Jones Industrial Average jumped 1.21 percent to close at 25,013.29, while the S&P 500 Index increased 0.74 percent to close at 2,733.01. The Nasdaq Composite Index gained 0.54 percent to close at 7,394.04.

?Markets are again in risk-on mode as investors take stock of the comments over the weekend from Treasury Secretary Mnuchin that trade tensions with China have cooled down,? said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.

RDI Initiates Coverage on:

Adobe Systems Incorporated
https://rdinvesting.com/news/?ticker=ADBE

Akamai Technologies, Inc.
https://rdinvesting.com/news/?ticker=AKAM

Adobe Systems' had no change Monday, to close the day at $238.10. The stock recorded a trading volume of 1,330,600 shares, which was below its three months average volume of 2,892,648 shares. In the last year, Adobe Systems? shares have traded in a range of 131.20 - 243.34. The share price has gained 81.48% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $227.33 is above its 200-day moving average of $202.15. Shares of the company are trading at a Price to Earnings ratio of 63.51. Shares of Adobe Systems have gained roughly 5.71 percent in the past month and are up 35.87 percent year-to-date.

Access RDI's Adobe Systems Incorporated Research Report at:
https://rdinvesting.com/news/?ticker=ADBE

On Monday, shares of Akamai recorded a trading volume of 1,092,573 shares, which was below the three months average volume of 1,652,443 shares. The stock ended the day 1.49% higher at $76.46. The share price has fallen 2.32% from its 52-week high with a 52-week trading range of 44.65 - 78.28. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $72.56 is above its 200-day moving average of $66.16. Shares of the company are trading at a Price to Earnings ratio of 60.68. Shares of Akamai have gained roughly 7.24 percent in the past month and are up 17.56 percent year-to-date.

Access RDI's Akamai Technologies, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AKAM

Our Actionable Research on Adobe Systems Incorporated (NASDAQ :ADBE) and Akamai Technologies, Inc. (NASDAQ :AKAM) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com