NEW YORK, NY / ACCESSWIRE / April 11, 2018 / U.S. equities regained their footing on Tuesday, as trade tensions between the U.S. and China calmed after comments from the Chinese President Xi Jinping. The Dow Jones Industrial Average gained 1.79 percent to close at 24,408.00, while the S&P 500 Index hiked 1.67 percent to close at 2,656.87. The Nasdaq Composite Index climbed 2.07 percent to close at 7,094.30.

Art Hogan, chief market strategist at B. Riley FBR said ?If you look at President Xi's speech, it was conciliatory and that feels like a de-escalation? That's what the market wants.?

RDI Initiates Coverage on:

Nutanix, Inc.
https://rdinvesting.com/news/?ticker=NTNX

NVIDIA Corporation
https://rdinvesting.com/news/?ticker=NVDA

Nutanix's stock jumped 5.59% Tuesday, to close the day at $52.30. The stock recorded a trading volume of 4,594,165 shares, which was below its three months average volume of 4,735,093 shares. In the last year, Nutanix's shares have traded in a range of 14.38 - 55.25. The share price has gained 263.70% 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 $46.34 is greater than its 200-day moving average of $35.04. Shares of Nutanix have gained roughly 6.53 percent in the past month and are up 48.24 percent year-to-date.

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

On Tuesday, shares of NVIDIA recorded a trading volume of 18,552,889 shares, which was above the three months average volume of 16,856,875 shares. The stock ended the day 5.80% higher at 227.91. The share price has gained 138.67% from its 52-week low with a 52-week trading range of 95.49 - 254.50. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $239.82 is greater than its 200-day moving average of $208.59. Shares of NVIDIA are trading at a Price to Earnings ratio of 47.28. Shares of NVIDIA have fallen roughly 7.10 percent in the past month and are up 17.78 percent year-to-date.

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

Our Actionable Research on Nutanix, Inc. (NASDAQ:NTNX) and NVIDIA Corporation (NASDAQ:NVDA) can be downloaded free of charge at Research Driven Investing.

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