NEW YORK, NY / ACCESSWIRE / April 30, 2018 / U.S. equities were mixed Friday as strong earnings reports from major companies failed to boost investor's enthusiasm. The Dow Jones Industrial Average dropped 0.05 percent to close at 24,311.19, while the S&P 500 Index rose 0.11 percent to close at 2,669.91. The tech-heavy Nasdaq Composite Index increased 0.02 percent to close at 7,119.80. For the week, the Nasdaq and Dow Jones fell 0.4 percent and 0.6 percent, respectively, while S&P 500 ended 0.01 percent down.

Jack de Gan, chief investment officer at Harbor Advisory Corp., said that while GDP growth remained solid, it had been slow. "I'm worried there may have been an inflection point when Trump started to talk about trade and tariffs. If we start to see more trade tensions, then the idea of 3% growth goes out the window."

RDI Initiates Coverage on:

Micron Technology, Inc.
https://rdinvesting.com/news/?ticker=MU

Nokia Corporation
https://rdinvesting.com/news/?ticker=NOK

Micron Technology, Inc.'s stock moved 5.23% lower Friday, to close the day at $47.52. The stock recorded a trading volume of 50,049,798 shares, which was below its three months average volume of 56,217,970 shares. In the last year, Micron Technology, Inc.'s shares have traded in a range of 26.85 - 63.42. The share price has gained 76.98% 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 $53.34 is above its 200-day moving average of $46.46. Shares of the company are trading at a Price to Earnings ratio of 7.43. Shares of Micron Technology, Inc. have fallen roughly 8.86 percent in the past month and are up 15.56 percent year-to-date.

Access RDI's Micron Technology, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=MU

On Friday, shares of Nokia Corporation recorded a trading volume of 18,985,661 shares, which was above the three months average volume of 17,704,617 shares. The stock ended the day 1.53% higher at $5.96. The share price has fallen 10.38% from its 52 week high with a 52 week trading range of 4.51 - 6.65. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $5.66 is above its 200-day moving average of $5.29. Shares of Nokia Corporation have gained roughly 8.96 percent in the past month and are up 27.9 percent year-to-date.

Access RDI's Nokia Corporation Research Report at:
https://rdinvesting.com/news/?ticker=NOK

Our Actionable Research on Micron Technology, Inc. (NASDAQ :MU) and Nokia Corporation (NYSE :NOK) can be downloaded free of charge at Research Driven Investing.

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