NEW YORK, NY / ACCESSWIRE / April 26, 2018 / U.S. markets were mixed on Wednesday as stronger-than-expected corporate earnings offset a continuous rise in bond yields. The Dow Jones Industrial Average gained 0.25 percent to close at 24,083.83, led higher by Boeing, while the S&P 500 Index increased 0.18 percent to close at 2,639.40. The Nasdaq Composite Index declined 0.05 percent to close at 7,003.74.

"Earnings have been coming in very strong, but companies aren't getting rewarded. At the same time, bonds are behaving badly, and with both struggling, investors are feeling nervous about the market in general," said Michael Mullaney, director of global market research at Boston Partners. "The question becomes, where do you hide? Investors are increasingly hiding in cash," Mullaney added.

RDI Initiates Coverage on:

Visa Inc.
https://rdinvesting.com/news/?ticker=V

Mastercard Incorporated
https://rdinvesting.com/news/?ticker=MA

Visa's stock moved 0.05% lower Wednesday, to close the day at $121.21. The stock recorded a trading volume of 8,001,229 shares, which was below its three months average volume of 8,610,803 shares. In the last year, Visa's shares have traded in a range of 90.98 - 126.88. The share price has gained 33.23% 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 $121.49 is above its 200-day moving average of $116.82. Shares of the company are trading at a Price to Earnings ratio of 40.27. Shares of Visa have gained roughly 3.6 percent in the past month and are up 6.31 percent year-to-date.

Access RDI's Visa Inc. Research Report at:
https://rdinvesting.com/news/?ticker=V

On Wednesday, shares of Mastercard recorded a trading volume of 3,396,159 shares, which was below the three months average volume of 4,237,124 shares. The stock ended the day 0.44% lower at $172.47. The share price has fallen 6.13% from its 52 week high with a 52 week trading range of 115.55 - 183.73. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $176.640 is above its 200-day moving average of $162.18. Shares of the company are trading at a Price to Earnings ratio of 47.25. Shares of Mastercard have gained roughly 0.37 percent in the past month and are up 13.95 percent year-to-date.

Access RDI's Mastercard Incorporated Research Report at:
https://rdinvesting.com/news/?ticker=MA

Our Actionable Research on Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA) can be downloaded free of charge at Research Driven Investing.

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