LONDON, June 27, 2013 /PRNewswire/ --
The U.S. equity market rose sharply for a second successive trading session on Wednesday, June 26, 2013. All three benchmark indexes rose as disappointing first quarter GDP data raised hopes that the Federal Reserve will not start to wind down its $85 billion a month bond buying program in the near future. The U.S. GDP grew 1.80% in the first quarter which is below the preliminary estimate of 2.40% growth. The S&P 500 rose 0.96% on Wednesday. All sectors in the S&P 500 closed higher. The services companies also ended mostly higher, with the major movers in the sector including The Home Depot Inc. (NYSE: HD), US Airways Group Inc. (NYSE: LCC), The Wendy's Co. (NASDAQ: WEN), Coinstar Inc. (NASDAQ: CSTR), and Rent-A-Center Inc. (NASDAQ: RCII). AAAResearchReports.com tracked HD, LCC, WEN, CSTR, and RCII. These free reports can be seen for free at
Shares in The Home Depot Inc. rose sharply on Wednesday, extending their gains for the week. The company's shares ended the day 2.06% higher at $75.67 after oscillating between $74.58 and $75.87. A total of 7.39 million shares were traded which is below the daily average volume of 7.51 million. The stock has gained 2.51% in the last three trading sessions. In the last three months, the stock has gained 8.02%, thus outperforming the S&P 500. Download free research on HD by signing up now at:
US Airways Group Inc.'s stock fell sharply on Wednesday, finishing at $16.17, down 1.76% from its previous closing price. The company's shares fluctuated between $16.17 and $16.64. A total of 3.60 million shares were traded which is below the daily average volume of 5.95 million. In the last three months, the stock has fallen 2.06%, thus underperforming the S&P 500. Register for today's free analysis on LCC at:
Shares in The Wendy's Co. edged higher on Wednesday, tracking gains in the broader market. The company's shares ended the day 1.57% higher at $5.81 after oscillating between $5.71 and $5.82. A total of 2.44 million shares were traded which is below the daily average volume of 3.81 million. Wendy's shares are trading above its 200-day moving average. A free report on WEN can be accessed by registering at:
Coinstar Inc.'s stock rose sharply on Wednesday as the broader market rallied. The company's shares hit an intraday high of $59.76 before finishing the day 1.52% higher at $59.32. A total of 399,571 shares were traded which is below the daily average volume of 639,263. In the last three months, the company's shares have gained 4.86%, thus outperforming the S&P 500. Register with AAA Research Reports and download research on CSTR for free at:
Shares in Rent-A-Center Inc. edged higher on Wednesday, reversing most of their losses for the week. The company's shares ended the day 1.19% higher at $37.26 after oscillating between $36.71 and $37.43. A total of 338,946 shares were traded which is below the daily average volume of 488,515. The company's shares are now down 0.29% for the week. Read full free research on RCII by signing up to AAA Research Reports at
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