NEW YORK, NY / ACCESSWIRE / September 25, 2017 / The Dow Jones Industrial Average and the S&P 500 Index closed Friday with a weekly gain, despite tech-giant Apple Inc. having its worst week in over a year and rising geopolitical tensions between the U.S. and North Korea. The Dow Jones declined 0.04 percent to close at 22,349.59, up 0.34 percent for the week, while the S&P 500 Index gained 0.06 percent to close at 2,502.22, up 0.05 percent for the week. Safe haven assets received a boost Friday after North Korean Foreign Minister Ri Yong Ho stated that the country could consider testing a hydrogen bomb over the Pacific Ocean.

"There were North Korea jitters and the Fed this week, but for stocks, we are in this quiet period in terms of getting ready for third-quarter earnings," said Dan Morgan, senior portfolio manager at Synovus Trust Co.

RDI Initiates Coverage on:

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

Micron Technology Inc.
https://rdinvesting.com/news/?ticker=MU

Advanced Micro Devices Inc.'s stock edged 0.82% lower Friday, to close the day at $13.30. The stock recorded a trading volume of 50,546,957 shares, which was below its three months average volume of 71,666,704 shares. In the last year, Advanced Micro Devices Inc.'s shares have traded in a range of 6.22 - 15.65. The share price has gained 113.83% from its 52 week low. The company's shares are currently trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $12.68 is below its 200-day moving average of $12.78. Shares of Advanced Micro Devices have gained approximately 17.28 percent year-to-date.

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

On Friday, shares of Micron Technology Inc. recorded a trading volume of 21,559,760 shares, which was below the three months average volume of 28,468,600 shares. The stock ended the day 0.45% higher at 36.07. The share price has gained 123.07% from its 52-week low with a 52-week trading range of 16.17 - 36.60.The company's shares are currently trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $31.03 is greater than its 200-day moving average of $29.54. Shares of the company are trading at a Price to Earnings ratio of 15.84. Shares of Micron Technology have gained approximately 64.55 percent year-to-date.

Access RDI's Micron Technology Inc. Research Report at:
https://rdinvesting.com/news/?ticker=MU

Our Actionable Research on Advanced Micro Devices Inc. (NASDAQ: AMD) and Micron Technology Inc. (NASDAQ: MU) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com