Top Performing Industries For May 21 (PUDA, NFLX, LIWA, LVS)
By 1 pm, Dow had risen 66.05 points, or 0.66%, to 10,134.06, while the broader Standard & Poor's 500 index had climbed 8.96 points, or 0.84%. The Nasdaq composite index had also soared 21 points, or 0.95%.
The industries that are helping the market keep afloat today are:
Industrial Metals & Minerals: The top gainer of the day, this industry added 5.14% by 12:42 pm. The top performer in this industry, Puda Coal Inc (NASDAQ: PUDA), rose by 12.05%. PUDA posted its earnings for the March quarter 131.20% higher than anticipated.
Music & Video Stores: This industry upped 5.11% by 12:42 pm. The top gainer within the industry was Netflix Inc (NASDAQ: NFLX), which added 5.01%. NFLX posted better than expected EPS for the March quarter.
Copper: This industry climbed 5.10% by 12:42 pm, with Lihua International Inc (NASDAQ: LIWA) climbing 8.24% to gain the top spot. LIWA’s EPS for the March quarter is better than anticipated.
Resorts & Casinos: The industry, which jumped 4.97%, has the top gainer in the form of Las Vegas Sands Corp (NYSE: LVS), which gained 6.89%. Moody's Investors Service upped LVS’ rating outlook from “negative” to “positive” and reiterated its corporate family rating at B3.
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