Market Overview

Top Performing Industries For July 14 (ISLN, CSCO, SANM, SPNS)

At 12:38 pm, the Dow gained 0.20% to 10,383.37, the broader Standard & Poor's 500 index moved up 0.22% to 1,097.80 and the NASDAQ composite index rose 0.74% to 2,258.66.

The industries that are driving the market today are:
Data Storage Devices: This industry jumped 3% by 12:38 pm. The top stock within the industry was Isilon Systems Inc (NASDAQ: ISLN), which rose 4.97%. Don Listwin has been included in the ISLN’s board of directors.

Networking & Communication Devices: This industry rose 2.88% by 12:38 pm ET. The top performer in this industry was Cisco Systems Inc (NASDAQ: CSCO), which gained 3.33%. Analyst Ari Bensinger of Standard & Poor's Equity Group has upgraded CSCO from “buy” to “strong buy.”

Printed Circuit Boards: This industry moved up 2.63% by 12:38 pm, with Sanmina-SCI Corporation (NASDAQ: SANM) moving up 4.29% to gain the top spot. SANM has scheduled its fiscal 2010 Q3 earnings conference call on July 26 at 5:00 pm ET.

Technical & System Software: The industry, which gained 2.61%, saw Sapiens International Corporation (NASDAQ: SPNS) as the top gainer. SPNS’ shares rose 10.21%. SPNS quarterly earnings jumped 49.90% y/y.

Read more from Benzinga's Company news.

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