NEW YORK, NY / ACCESSWIRE / June 19, 2018 / U.S. markets finished mostly lower on Monday, with the Dow logging its 5th straight decline, on fears of growing trade tensions between the U.S. and China. The Dow Jones Industrial Average fell 0.41 percent to close at 24,987.47, while the S&P 500 Index declined 0.21 percent to close at 2,773.75. The Nasdaq Composite Index increased 0.01 percent to close at 7,747.02.

"Trade tensions with China have consistently been the biggest driver of equity volatility recently," said FTSE Russell, managing director of global markets research, Alec Young. "If the current trade skirmish with China were to escalate into a full-blown trade war, it could potentially have a materially negative impact on corporate earnings growth," Young added.

RDI Initiates Coverage on:

Facebook, Inc.
https://rdinvesting.com/news/?ticker=FB

Alphabet Inc.
https://rdinvesting.com/news/?ticker=GOOG

Facebook's stock moved 1.26% higher Monday, to close the day at $198.31. The stock recorded a trading volume of 15,139,288 shares, which was below its three months average volume of 33,591,006 shares. In the last year, Facebook's shares have traded in a range of 147.80 - 199.57. The share price has gained 34.17% 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 $185.71 is above its 200-day moving average of $178.39. Shares of the company are trading at a Price to Earnings ratio of 32.83. Shares of Facebook have gained roughly 8.56 percent in the past month and are up 12.38 percent year-to-date.

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

On Monday, shares of Alphabet recorded a trading volume of 1,141,506 shares, which was below the three months average volume of 1,811,876 shares. The stock ended the day 1.84% higher at $1,173.46. The share price has fallen 1.13% from its 52 week high with a 52 week trading range of 894.79 - 1,186.89. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $1,089.12 is above its 200-day moving average of $1,080.88. Shares of the company are trading at a Price to Earnings ratio of 49.68. Shares of Alphabet have gained roughly 10.04 percent in the past month and are up 12.14 percent year-to-date.

Access RDI's Alphabet Inc. Research Report at:
https://rdinvesting.com/news/?ticker=GOOG

Our Actionable Research on Facebook, Inc. (NASDAQ :FB) and Alphabet Inc. (NASDAQ :GOOG) can be downloaded free of charge at Research Driven Investing.

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