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Top Performing Industries For October 24, 2016

ACCO, SXC, MRCY


At 10:30 am, the Dow rose 0.48 percent to 18,233.51, the broader Standard & Poor's 500 index moved up 0.51 percent to 2,152.16 and the NASDAQ composite index climbed 0.90 percent to 5,304.55.

The industries that are driving the market today are:

  • Office Supplies: This industry gained 4.8 percent by 10:30 am. The top stock within the industry was ACCO Brands Corporation (NYSE: ACCO), which gained 19.6 percent. ACCO Brands reported upbeat Q3 earnings and raised its FY outlook.
  • Nonmetallic Mineral Mining: This industry rose 2.3 percent by 10:30 am ET. The top performer in this industry was SunCoke Energy Inc (NYSE: SXC), which gained 5.2 percent. SunCoke Energy shares have surged 82.90 percent over the past 52 weeks, while the S&P 500 index has gained 3.38 percent in the same period.
  • Computer Peripherals: The industry gained 1.9 percent by 10:30 am. The top performer in this industry was Mercury Systems Inc (NASDAQ: MRCY), which gained 2.3 percent. Mercury Systems is projected to report FQ1 results on October 25, 2016.
  • Security Software & Services: This industry moved up 1.8 percent by 10:30 am. The top performer in this industry was Sysorex Global (NASDAQ: SYRX), which rose 4.8 percent.