NEW YORK, NY / ACCESSWIRE / March 27, 2018 / U.S markets rallied Monday, after posting their worst weekly loss in two years last week, on easing tensions between the U.S. and China. The Dow Jones Industrial Average gained 2.84 percent to close at 24,202.60, while the S&P 500 Index jumped 2.72 percent to close at 2,658.55. The Nasdaq Composite Index spiked 3.26 percent to close at 7,220.54. The Wall Street Journal has reported that officials from China and the U.S. have begun negotiations "to improve U.S. access to mainland Chinese markets."

"Big positive moves in stocks tend to come after biggest down days, and today's action looks like a technical bounce, just because markets were so weak for days," said Mike Antonelli, equity sales trader at Robert W. Baird & Co., according to MarketWatch.

RDI Initiates Coverage on:

Cree, Inc.
https://rdinvesting.com/news/?ticker=CREE

3D Systems Corporation
https://rdinvesting.com/news/?ticker=DDD

Cree's stock moved 2.63% higher Monday, to close the day at $41.44. The stock recorded a trading volume of 853,808 shares, which was below its three months average volume of 1,481,565 shares. In the last year, Cree's shares have traded in a range of 20.50 - 45.43. The share price has gained 102.15% 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 $38.43 is greater than its 200-day moving average of $34.59. Shares of Cree have gained roughly 11.22 percent in the past month and are up 11.58 percent year-to-date.

Access RDI's Cree, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=CREE

On Monday, shares of 3D Systems recorded a trading volume of 1,748,729 shares, which was below the three months average volume of 2,991,160 shares. The stock ended the day 1.22% higher at 11.57. The share price has gained 46.09% from its 52-week low with a 52-week trading range of 7.92 - 23.70. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $10.98 is greater than its 200-day moving average of $10.81. Shares of 3D Systems have gained roughly 11.46 percent in the past month and are up 33.91 percent year-to-date.

Access RDI's 3D Systems Corporation Research Report at:
https://rdinvesting.com/news/?ticker=DDD

Our Actionable Research on Cree, Inc. (NASDAQ:CREE) and 3D Systems Corporation (NYSE:DDD) can be downloaded free of charge at Research Driven Investing.

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