NEW YORK, NY / ACCESSWIRE / April 18, 2018 / Markets continued to rise on Tuesday as investor focus continues to shift from geopolitical concerns to strong corporate earnings from major U.S. companies. The Dow Jones Industrial Average rose 0.87 percent to close at 24,786.63, while the S&P 500 Index jumped 1.07 percent to close 2,706.39, with all 11 S&P 500 sectors posting gains. The tech-heavy Nasdaq Composite Index spiked 1.74 percent to close at 7,281.10, as Netflix soared 9.19 percent on better-than-expected subscriber growth.

"Even though we this quarter had been marked by considerably high expectations, both earnings and revenue are coming in ahead of expectations. This is just what the doctor ordered to divert our attention from the uncertainty of geopolitical issues," said Mark Luschini, chief investment strategist at Janney Montgomery Scott, according to MarketWatch.

RDI Initiates Coverage on:

General Electric Company
https://rdinvesting.com/news/?ticker=GE

International Business Machines
https://rdinvesting.com/news/?ticker=IBM

General Electric's stock moved 3.45% higher Tuesday, to close the day at $13.79. The stock recorded a trading volume of 63,082,497 shares, which was below its three months average volume of 91,830,190 shares. In the last year, General Electric's shares have traded in a range of 12.73 - 30.54. The stock is currently trading 54.85% below its 52 week high. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $13.81 is below its 200-day moving average of $17.41. Shares of General Electric have fallen roughly 3.63 percent in the past month and are down 20.97 percent year-to-date.

Access RDI's General Electric Company Research Report at:
https://rdinvesting.com/news/?ticker=GE

On Tuesday, shares of IBM recorded a trading volume of 10,207,534 shares, which was above the three months average volume of 5,344,361 shares. The stock ended the day 1.91% higher at 160.91. The share price has gained 15.65% from its 52 week low with a 52 week trading range of 139.13 - 171.69. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $155.44 is greater than its 200-day moving average of $154.97. Shares of IBM are trading at a Price to Earnings ratio of 26.23. Shares of IBM have gained roughly 0.41 percent in the past month and are up 4.88 percent year-to-date.

Access RDI's International Business Machines Research Report at:
https://rdinvesting.com/news/?ticker=IBM

Our Actionable Research on General Electric Company (NYSE:GE) and International Business Machines (NYSE:IBM) can be downloaded free of charge at Research Driven Investing.

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