NEW YORK, NY / ACCESSWIRE / January 19, 2018 / U.S. markets slumped Thursday as investors digested the possibility of a government shutdown on Friday. The Dow Jones Industrial Average fell 0.37 percent to close at 26,017.81, while the S&P 500 Index declined 0.16 percent to close at 2,798.03. The Nasdaq Composite Index decreased 0.03 percent to close at 7,296.05. To avoid a government shutdown Congress will need to pass a spending bill by the end of Friday.

"I wouldn't be surprised if markets made a small retreat, or at least took a breather given the threat of a shutdown this weekend. Avoid a shutdown and much of the enthusiasm for equities will be driven by corporate results which have, so far, been supportive of this rally," said Lee Wild, head of equity strategy at Interactive Investor, in emailed comments to MarketWatch.

RDI Initiates Coverage on:

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

Herbalife Ltd.
https://rdinvesting.com/news/?ticker=HLF

GNC Holdings stock jumped 51.59% Thursday, to close the day at $5.26. The stock recorded a trading volume of 50,749,710 shares, which was above its three months average volume of 3,795,846 shares. In the last year, GNC Holdings shares have traded in a range of 3.13 - 10.95. The share price has gained 68.05% 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 $4.32 is below its 200-day moving average of $7.31. Shares of GNC Holdings have gained roughly 7.79 percent in the past month and are up 42.55 percent year-to-date.

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

On Thursday, shares of Herbalife recorded a trading volume of 751,429 shares, which was below the three months average volume of 853,682 shares. The stock ended the day 0.24% higher at 71.62. The share price has gained 41.26% from its 52-week low with a 52-week trading range of 50.70 - 79.64.The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $69.32 is greater than its 200-day moving average of $69.30. Shares of Herbalife Ltd. are trading at a trailing Price to Earnings ratio of 16.24. Shares of Herbalife have gained roughly 5.01 percent in the past month and are up 5.76 percent year-to-date.

Access RDI's Herbalife Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=HLF

Our Actionable Research on GNC Holdings, Inc. (NYSE :GNC) and Herbalife Ltd. (NYSE :HLF) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com