NEW YORK, NY / ACCESSWIRE / November 24, 2017 / Heading into Thanksgiving weekend the Dow Jones and S&P 500 pulled back from record highs after minutes from the Federal Reserve meeting were released, while the Nasdaq closed at another record high as tech giant Amazon Inc. surged 1.46 percent. The Dow Jones Industrial Average declined 0.27 percent to close at 23,526.18, while the S&P 500 Index decreased 0.08 percent to close at 2,597.08. The Nasdaq Composite Index eked out a 0.07 percent gain to close at 6,867.36.

"The November FOMC Minutes showed a committee that sees economic momentum building in the near term but remains uncertain about the inflation outlook. Overall, we read the November minutes as dovish. The upgrade to the economic assessment notwithstanding, the minutes show there is still considerable unease about hiking when inflation keeps surprising to the downside. We continue to expect that a December hike is baked in," said a team of BNP Paribas economists led by Paul Mortimer-Lee, according to MarketWatch.

RDI Initiates Coverage on:

Frontier Communications Corp.
https://rdinvesting.com/news/?ticker=FTR

Windstream Holdings, Inc.
https://rdinvesting.com/news/?ticker=WIN

Frontier Communications stock jumped 11.58% Wednesday, to close the day at $7.90. The stock recorded a trading volume of 4,028,551 shares, which was above its three months average volume of 3,061,013 shares. In the last year, Frontier Communications shares have traded in a range of 6.25 - 57.30. The share price has gained 26.40% 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 $9.92 is below its 200-day moving average of $14.43. Shares of Frontier Communications have fallen roughly 31.36 percent in the past month and are down 84.42 percent year-to-date.

Access RDI's Frontier Communications Corp. Research Report at:
https://rdinvesting.com/news/?ticker=FTR

On Wednesday, shares in Windstream Holdings, Inc. recorded a trading volume of 3,768,131 shares, which was below the three months average volume of 4,105,348 shares. The stock ended the day 6.14% higher at 2.42. The share price has gained 39.88% from its 52-week low with a 52-week trading range of 1.73 - 8.35.The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $2.00 is below its 200-day moving average of $2.96. Shares of Windstream Holdings have gained roughly 28.04 percent in the past month and are down 66.98 percent year-to-date.

Access RDI's Windstream Holdings, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=WIN

Our Actionable Research on Frontier Communications Corp. (NASDAQ:FTR) and Windstream Holdings, Inc. (NASDAQ:WIN) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com