NEW YORK, NY / ACCESSWIRE / December 13, 2018 / U.S. equities closed higher on Wednesday amidst renewed hopes over the U.S.-China trade talks. According to a report in Wall Street Journal, China is working on a plan to expand their access to foreign companies that will support the U.S.-China trade relations, and will replace the Made in China 2025 plan. The Dow Jones Industrial Average gained 0.64 percent to close at 24,527.27, while the S&P 500 Index increased 0.54 percent to close at 2,651.07. The Nasdaq Composite Index climbed 0.95 percent to close at 7,098.31.
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Groupon's stock jumped 6.86% Wednesday, to close the day at $3.27. The stock recorded a trading volume of 18,138,949 shares, which was above its three months average volume of 7,530,243 shares. In the last year, Groupon's shares have traded in a range of 2.80 - 5.65. The share price has gained 16.79% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $3.10 is below its 200-day moving average of $4.01. Shares of Groupon have gained roughly 11.6 percent in the past month and are down 35.88 percent year-to-date.
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On Wednesday, shares of Yandex recorded a trading volume of 3,406,831 shares, which was below the three months average volume of 4,195,898 shares. The stock ended the day 6.85% higher at $28.69. The share price has fallen 35.51% from its 52 week high with a 52 week trading range of 24.90 - 44.49. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $28.67 is below its 200-day moving average of $32.61. Shares of the company are trading at a Price to Earnings ratio of 6.62. Shares of Yandex have gained roughly 3.42 percent in the past month and are down 12.4 percent year-to-date.
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