NEW YORK, NY / ACCESSWIRE / August 1, 2017 / U.S. markets were mixed Monday as a strong performance by Boeing lifted the Dow to a new record high, while weakness from major tech stocks dragged the S&P 500 and NASDAQ lower. All three major indexes posted a monthly gain. The Dow Jones Industrial Average gained 0.28 percent to close at a record 21,891.12, up 2.54 percent for the month. The S&P 500 Index declined 0.07 percent to close at 2,470.30, up 1.93 percent for the month, while the NASDAQ fell 0.42 percent to close at 6,348.12, up 3.38 percent for the month. As of July 31st, 73 percent of the S&P 500 companies that have reported earnings so far have surpassed expectations on both the top and bottom lines.

"What's driving this market in the short term is earnings," said Atul Lele, Chief Investment Officer at Deltec International Group. "Earnings are being driven by the recent economic expansion, which we think still has room to run."

RDI Initiates Coverage on:

AGNC Investment Corp.
https://ub.rdinvesting.com/news/?ticker=AGNC

Annaly Capital Management Inc.
https://ub.rdinvesting.com/news/?ticker=NLY

AGNC Investment Corp.'s stock edged 0.43% higher Monday, to close the day at $21.18. The stock recorded a trading volume of 4,936,369 shares, which was above its three months average volume of 4,425,771 shares. In the last year, AGNC Investment Corp.'s shares have traded in a range of 17.30 - 22.34. The share price has gained 22.46% 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 $0.00 is at its 200-day moving average of $0.00. Shares of AGNC Investment Corp. have gained approximately 16.82 percent year-to-date.

Access RDI's AGNC Investment Corp. Research Report at:
https://ub.rdinvesting.com/news/?ticker=AGNC

On Monday, shares in Annaly Capital Management Inc. recorded a trading volume of 8,773,638 shares, which was below the three months average volume of 9,253,050 shares. The stock ended the day 0.84% higher at 12.03. The share price has gained 22.38% from its 52 week low with a 52 week trading range of 9.83 - 12.73.The company's shares are currently trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $12.16 is greater than its 200-day moving average of $11.37. Shares of the company are trading at a Price to Earnings ratio of 4.50. Shares of Annaly Capital Management Inc. have gained approximately 20.66 percent year-to-date.

Access RDI's Annaly Capital Management Inc. Research Report at:
https://ub.rdinvesting.com/news/?ticker=NLY

Our Actionable Research on AGNC Investment Corp. (NASDAQ:AGNC) and Annaly Capital Management Inc. (NYSE:NLY) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com