The Dow fell 0.22 percent to 18,413.96, while the NASDAQ composite index fell 0.19 percent to 5,212.94. The broader Standard &
Poor's 500 index declined 0.24 percent to 2,170.96.
The worst performing industries in the market today are:
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Computer Peripherals: This industry slipped 2.1 percent by 11:00 am. The worst stock within the industry was 3D
Systems Corporation (NYSE: DDD), which fell 4.6
percent. 3D Systems’ PEG ratio is 4.12.
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Consumer Services: This industry declined 1 percent by 11:00 am with Envirostar Inc (NYSE: EVI) moving down 0.6 percent. Envirostar shares have climbed 16.98 percent
over the past 52 weeks, while the S&P 500 index has increased 10.34 percent in the same period.
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Networking & Communication Devices: This industry fell 0.9 percent by 11:00 am ET. Palo Alto Networks Inc (NYSE:
PANW) shares dropped 7.6 percent in today's trading. Palo
Alto reported better-than-expected revenue for its fiscal fourth quarter, but issued a weak outlook for the current quarter.
The company also announced a $500 million share repurchase plan.
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Diagnostic Substances: The industry dropped 0.8 percent by 11:00 am. The worst performer in this industry was Atossa
Genetics Inc (NASDAQ: ATOS), which declined 29
percent. Atosssa Genetrics priced its 1.15 million share offering at $2.50 per share.
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