Top Performing Industries For February 1 (SNDK, SMS, SCCO, IFON)
At 10:15 am, the Dow rose 0.50% to 11,951.12, the broader Standard & Poor's 500 index moved up 0.81% to 1,296.60 and the NASDAQ composite index rose 0.92% to 2,724.80.
The industries that are driving the market today are:
Semiconductor- Memory Chips: This industry jumped 2.48% by 10:15 am. The top stock within the industry was SanDisk Corporation (NASDAQ: SNDK), which rose 3.1%. SNDK's trailing-twelve-month ROE is 26.40%.
Wholesale, Other: This industry rose 2.06% by 10:15 am ET. The top performer in this industry was Sims Metal Management Ltd (NYSE: SMS), which gained 2.4%. SMS' trailing-twelve-month revenue is $7.41 billion.
Copper: This industry moved up 2.04% by 10:15 am, with Southern Copper Corporation (NYSE: SCCO) moving up 3.1% to gain the top spot. SCCO's PEG ratio is 0.76.
Electronics Wholesale: The industry, which gained 2.04%, saw InfoSonics Corp (NASDAQ: IFON) as the top gainer. IFON's shares rose 3.6%. IFON had $17.17 million in total cash and no debt for the recent quarter.
Read more from Benzinga's Markets.
