Top Performing Industries For July 22 (GSB, UPS, WWON, SMS)
At 12:23 pm, the Dow gained 2.00% to 10,323.43, the broader Standard & Poor's 500 index moved up 2.16% to 1,092.72 and the NASDAQ composite index rose 2.34% to 2,238.42.
The industries that are driving the market today are:
Internet Service Providers: This industry jumped 11.65% by 12:23 pm. The top stock within the industry was GlobalScape Inc (AMEX: GSB), which rose 1.06%. GSB’s quarterly revenue rose 36.20% y/y.
Air Delivery & Freight Services: This industry rose 5.87% by 12:23 pm ET. The top performer in this industry was United Parcel Service Inc (NYSE: UPS), which gained 6.57%. UPS has posted a 90% rise in its Q2 profits, apart from raising its projections for the full year.
General Entertainment: This industry moved up 5.57% by 12:23 pm, with Westwood One Inc (NASDAQ: WWON) moving up 16.14% to gain the top spot. WWON’s shares have fallen 30.00% over the past 52 weeks, while the S&P 500 index has gained 12.11% in the same period.
Wholesale, Other: The industry, which gained 5.17%, saw Sims Metal Management Ltd (NYSE: SMS) as the top gainer. SMS’ shares rose 5.80%. SMS’ shares have dipped 34.42% over the past 52-weeks, while the S&P 500 index has gained 12.11% in the same period.
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