NEW YORK, NY / ACCESSWIRE / May 22, 2018 / U.S. equities closed up on Monday, with the Dow Jones bouncing back to 25,000 milestones. Tension between U.S. and China eased after statement from Treasury Secretary Steven Muchin, which calls for a delay of tariff implementation on Chinese good and said to "put the trade war on hold". The Dow Jones Industrial Average jumped 1.21 percent to close at 25,013.29, while the S&P 500 Index increased 0.74 percent to close at 2,733.01. The Nasdaq Composite Index gained 0.54 percent to close at 7,394.04.
"Markets are again in risk-on mode as investors take stock of the comments over the weekend from Treasury Secretary Mnuchin that trade tensions with China have cooled down," said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.
RDI Initiates Coverage on:
Zillow Group, Inc.
Zillow Group's stock edged 0.31% higher Monday, to close the day at $51.82. The stock recorded a trading volume of 288,291 shares, which was below its three months average volume of 579,006 shares. In the last year, Zillow Group's shares have traded in a range of 37.96 - 59.73. The share price has gained 36.51% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $51.29 is greater than its 200-day moving average of $46.90. Shares of Zillow Group have gained roughly 10.96 percent in the past month and are up 27.20 percent year-to-date.
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On Monday, shares of EPR Properties recorded a trading volume of 646,079 shares, which was above the three months average volume of 606,874 shares. The stock ended the day 3.01% higher at 60.29. The share price has gained 16.23% from its 52-week low with a 52-week trading range of 51.87 - 75.55. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $56.03 is below its 200-day moving average of $60.22. Shares of the company are trading at a Price to Earnings ratio of 18.33. Shares of EPR Properties have gained roughly 13.01 percent in the past month and are down 7.90 percent year-to-date.
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