NEW YORK, NY / ACCESSWIRE / September 26, 2018 / U.S. equities were mixed on Tuesday as concerns of a potential trade war linger and investors look forward to details from the upcoming Fed monetary policy meeting. The Dow Jones Industrial Average dropped 0.26 percent to close at 26,492.21, while the S&P 500 Index declined 0.13 percent to close at 2,915.56. The Nasdaq Composite Index rose 0.18 percent to close at 8,007.47.
“Investors have been digesting the idea of a full-blown trade war for months now, and on top of that, they are already aware of what could be the next steps. Yesterday’s market reaction corroborates our view,” said Charalambos Pissouros, senior market analyst at JFD Brokers.
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Dropbox's stock jumped 3.08% Tuesday, to close the day at $27.14. The stock recorded a trading volume of 3,196,562 shares, which was below its three months average volume of 5,435,550 shares. In the last year, Dropbox's shares have traded in a range of 24.78 - 43.50. The share price has gained 9.52% 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 $27.75 is below its 200-day moving average of $30.19. Shares of Dropbox have gained roughly 0.41 percent in the past month and are down 4.71 percent year-to-date.
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On Tuesday, shares of FireEye recorded a trading volume of 5,820,658 shares, which was above the three months average volume of 3,651,946 shares. The stock ended the day 4.18% higher at $17.21. The share price has fallen 11.11% from its 52 week high with a 52 week trading range of 13.40 - 19.36. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $15.65 is below its 200-day moving average of $16.77. Shares of FireEye have gained roughly 5.13 percent in the past month and are up 21.2 percent year-to-date.
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