At 10:30 am, the Dow fell 0.14 percent to 18,500.25, the broader Standard & Poor's 500 index moved down 0.13 percent to 2,183.38
and the NASDAQ composite index declined 0.29 percent to 5,268.38.
The industries that are still afloat in the market today are:
-
Nonmetallic Mineral Mining: This industry gained 2.5 percent by 10:30 am. The top stock within the industry was
Yanzhou Coal Mining Co Ltd (ADR) (NYSE: YZC), which
gained 5.8 percent. Yanzhou Coal shares have climbed 27.23 percent over the past 52 weeks, while the S&P 500 index has
increased 11.01 percent in the same period.
-
Drug Stores: This industry rose 0.9 percent by 10:30 am ET. The top performer in this industry was Rite Aid
Corporation (NYSE: RAD), which gained 6.2 percent.
Walgreens Boots Alliance Inc (NASDAQ: WBA) said
that it is exploring potential divestiture remedies to address certain issues raised during FTC discussions related to deal
with Rite Aid.
-
Oil & Gas Pipelines: The industry gained 0.7 percent by 10:30 am. The top performer in this industry was Spectra
Energy Corp. (NYSE: SE), which gained 4.1 percent. CIBC
upgraded Spectra Energy from Sector Performer to Sector Outperformer.
-
Regional Airlines: This industry moved up 0.6 percent by 10:30 am. The top performer in this industry was Copa
Holdings, S.A. (NYSE: CPA), which rose 6.3 percent.
Morgan Stanley upgraded Copa Holdings from Equal-weight to Overweight and raised the price target from $56.00 to $94.00.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.