U.S. markets were relatively flat Monday as investors digested mixed holiday sales and stronger-than-expected reading on November manufacturing activity. The Dow Jones Industrial Average declined 0.48 percent, while S&P 500 fell 0.27 percent. The Institute for Supply Management reported that its index of manufacturing activity increased to 57.3 from 56.4 the previous month. The reading marked the sixth consecutive month of gains and was the highest seen since April 2011. Here is how some stocks reacted Monday:
Alcatel Lucent SA (NYSE: ALU) shares traded in the range of $4.47 to $4.52 Monday before settling to close at $4.51, an increase of 4.64 percent. The stock appears to be facing some resistance at $4.66 with some support at the $4.41 and $4.21 levels. Shares of Alcatel Lucent have gained approximately 220.0 percent in 2013.
More information on Alcatel Lucent and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ALU
The Dow Chemical Company (NYSE: DOW) shares traded in the range of $39.32 to $40.35 Monday before settling to close at $39.98, an increase of 2.36 percent. The stock appears to be facing some resistance at the $40.31 and $40.86 levels with some support at $39.89. Shares of Dow Chemical have gained approximately 20.0 percent in 2013.
More information on Dow Chemical and access to the free equity report can be found at:
www.WallStreetFundamentals.com/DOW
Microsoft Corporation (NASDAQ: MSFT) shares traded in the range of $38.06 to $38.78 Monday before settling to close at $38.45, an increase of 0.84 percent. The stock appears to be facing some resistance at the $30.63 and $34.29 levels with some support at $29.06. Shares of Microsoft have gained approximately 40.0 percent in 2013.
More information on Microsoft and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MSFT
Xerox Corporation (NYSE: XRX) shares traded in the range of $11.31 to $11.70 Monday before settling to close at $11.54, an increase of 1.41 percent. The stock appears to be facing some resistance at $11.58 with some support at the $11.10 and $10.62 levels. Shares of Xerox have gained approximately 70.0 percent in 2013.
More information on Xerox and access to the free equity report can be found at:
www.WallStreetFundamentals.com/XRX
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