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:

GameStop Corp.
https://rdinvesting.com/news/?ticker=GME

Stitch Fix, Inc.
https://rdinvesting.com/news/?ticker=SFIX

GameStop's stock jumped 8.88% Monday, to close the day at $15.20. The stock recorded a trading volume of 23,788,863 shares, which was above its three months average volume of 5,428,538 shares. In the last year, GameStop's shares have traded in a range of 12.20 - 22.37. The share price has gained 24.59% 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 $13.39 is below its 200-day moving average of $15.53. Shares of the company are trading at a Price to Earnings ratio of 400.00. Shares of GameStop have gained roughly 21.99 percent in the past month and are down 15.32 percent year-to-date.

Access RDI's GameStop Corp. Research Report at:
https://rdinvesting.com/news/?ticker=GME

On Monday, shares of Stitch Fix recorded a trading volume of 3,661,970 shares, which was above the three months average volume of 1,079,912 shares. The stock ended the day 6.38% higher at $27.50. The share price has fallen 8.55% from its 52 week high with a 52 week trading range of 14.48 - 30.07. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $21.83 is below its 200-day moving average of $22.08. Shares of Stitch Fix have gained roughly 30.09 percent in the past month and are up 6.47 percent year-to-date.

Access RDI's Stitch Fix, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SFIX

Our Actionable Research on GameStop Corp. (NYSE:GME) and Stitch Fix, Inc. (NASDAQ:SFIX) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com