LONDON, August 29, 2013 /PRNewswire/ --
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The U.S. equity market posted gains on Wednesday, August 28, 2013. All three benchmark indexes advanced, with the S&P 500 ending 0.27% higher at 1,634.96, the Dow Jones Industrial Average closing the day 0.33% higher at 14,824.51, and the NASDAQ Composite rising 0.41% to finish at 3,593.35. Shares in the electric utility sector ended mostly lower, even as the broader market posted gains. The major movers in the sector included Cia Energetica de Minas Gerais (NYSE: CIG), Consolidated Edison Inc. (NYSE: ED), FuelCell Energy Inc. (NASDAQ: FCEL), and NextEra Energy Inc. (NYSE: NEE). All these companies are tracked by AAAResearchReports.com. Free technical research on CIG, ED, FCEL, and NEE can be downloaded upon signing up at:
Shares in Cia Energetica de Minas Gerais ended the day at $7.94, down 0.75% from the previous closing price of $8.00. The company's shares fluctuated between $7.93 and $8.19. A total of 3.37 million shares were traded, which is above the daily average volume of 2.59 million. The company's shares have fallen by 4.11% in the last three trading sessions, underperforming the S&P 500 which has lost 1.72% during the same period. Moreover, the company's stock is currently trading below its 50-day and 200-day moving averages. Sign up and read the complimentary report on CIG at:
Shares in Consolidated Edison Inc. posted modest gains on Wednesday, tracking advances in the broader market. The company's shares traded between $56.02 and $56.64 before finishing the day 0.23% higher at $56.44. A total of 1.44 million shares were traded, which is below the daily average volume of 1.95 million. The company's shares have lost 0.27% in the last three trading sessions, outperforming the S&P 500 which has fallen by 1.72% during the same period. Despite the recent gains, Consolidated Edison Inc.'s stock continues to trade below its 50-day and 200-day moving averages. The free report on ED can be downloaded by signing up now at:
FuelCell Energy Inc.'s stock fell sharply on Wednesday, extending their losses from previous trading sessions. The company's shares fluctuated between $1.16 and $1.18 before finishing the day 1.69% lower at $1.16. A total of 0.60 million shares were traded, which is below the daily average volume of 2.68 million. The company's shares have dipped 0.85% in the last three trading sessions, outperforming the S&P 500 which has lost 1.72% during the same period. Despite the recent losses, the company's stock continues to trade above its 200-day moving average. A free report on FCEL can be accessed by registering at:
NextEra Energy Inc.'s shares ended almost flat on Wednesday after oscillating between $79.75 and $81.49. The company's shares ended the day at $81.08, which is 0.01% lower than the previous day's price of $81.09. A total of 2.72 million shares were traded, which is above the daily average volume of 1.93 million. Moreover, the company's stock has gained 5.27% in the last three months, outperforming the S&P 500 which has fallen by 1.51% during the same period. Additionally, NextEra Energy Inc.'s stock is trading above its 200-day moving average. Register with AAA Research Reports and download research on NEE for free at:
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