NEW YORK, NY / ACCESSWIRE / January 17, 2019 / Despite concerns of a partial government shutdown, U.S. markets extended gains for the second consecutive session on Wednesday on strong earnings from Bank of America Corp. and Goldman Sachs Group. The financial sector was the largest gainer with a 2.2 percent gain on Wednesday. The Dow Jones Industrial Average surged 0.59 percent to close at 24,207.16, while the S&P 500 Index rose 0.22 percent to close at 2,616.10. The Nasdaq Composite Index gained 0.15 percent to close at 7,034.69.
“The market is where it should be,” Bob Doll, senior equity strategist
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SINA’s stock jumped 3.61% Wednesday, to close the day at $59.06. The stock recorded a trading volume of 584,215 shares, which was below its three months average volume of 730,016 shares. In the last year, SINA’s shares have traded in a range of 51.76 - 124.60. The share price has gained 14.1% 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 $59.23 is below its 200-day moving average of $67.55. Shares of the company are trading at a Price to Earnings ratio of 28.30. Shares of SINA have fallen roughly 0.94 percent in the past month and are up 10.1 percent year-to-date.
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On Wednesday, shares of Bilibili recorded a trading volume of 4,318,257 shares, which was above the three months average volume of 4,166,487 shares. The stock ended the day 3.35% higher at $16.03. The share price has fallen 29.38% from its 52
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