NEW YORK, NY / ACCESSWIRE / January 17, 2017 / Early gains from the major indexes were erased Tuesday as political concerns weighed down the market's recent rally. The Dow Jones Industrial Average declined 0.04 percent to close at 25,792.86, while the S&P 500 Index fell 0.35 percent to close at 2,776.42. The Nasdaq Composite Index dropped 0.51 percent to close at 7,223.69. All three major indexes have posted gains in the range of 22 percent to 30 percent over the past 12 months.

"We will see more market exuberance from positive earnings, but there is plenty of political uncertainty that will temper investor expectations," said Alexandra Coupe, associate director and portfolio manager at PAAMCO.

RDI Initiates Coverage on:

Advanced Micro Devices, Inc.
https://rdinvesting.com/news/?ticker=AMD

Himax Technologies, Inc.
https://rdinvesting.com/news/?ticker=HIMX

Advanced Micro Devices stock edged 0.92% lower Tuesday, to close the day at $11.91. The stock recorded a trading volume of 42,669,835 shares, which was below its three months average volume of 54,191,408 shares. In the last year, Advanced Micro Devices shares have traded in a range of 9.42 - 15.65. The share price has gained 26.43% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $10.87 is below its 200-day moving average of $12.33. Shares of Advanced Micro Devices have gained roughly 15.74 percent in the past month and are up 15.86 percent year-to-date.

Access RDI's Advanced Micro Devices, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AMD

On Tuesday, shares of Himax Technologies recorded a trading volume of 10,482,949 shares, which was above the three months average volume of 5,722,340 shares. The stock ended the day 7.76% lower at 9.87. The share price has gained 102.25% from its 52 week low with a 52 week trading range of 4.88 - 13.95.The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $11.12 is greater than its 200-day moving average of $10.00. Shares of Himax Technologies are trading at a trailing Price to Earnings ratio of 193.53. Shares of Himax Technologies have fallen roughly 6.27 percent in the past month and are down 5.28 percent year-to-date.

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

Our Actionable Research on Advanced Micro Devices, Inc. (NASDAQ :AMD) and Himax Technologies, Inc. (NASDAQ :HIMX) can be downloaded free of charge at Research Driven Investing.

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