Top Performing Industries For July 23 (EDMC, JRN, SMS, SAB)
At 11:14 am, the Dow gained 0.12% to 10,334.86, while the broader Standard & Poor's 500 index moved down 0.01% to 1,093.52 and the NASDAQ composite index fell 0.19% to 2,241.64.
The industries that are driving the market today are:
Education & Training Services: This industry jumped 6.81% by 11:14 am. The top stock within the industry was Education Management Corporation (NASDAQ: EDMC), which rose 14.63%. Analysts at BofA upgraded EDMC from “underperform” to “neutral.”
Publishing - Newspapers: This industry rose 2.74% by 11:14 am ET. The top performer in this industry was Journal Communications Inc (NYSE: JRN), which gained 4.72%. JRN swung to Q2 profits, from losses in the year-ago period.
Wholesale, Other: This industry moved up 2.60% by 11:14 am, with Sims Metal Management Ltd (NYSE: SMS) moving up 3.82% to gain the top spot. SMS’ shares have dipped 32.47% over the past 52 weeks, while the S&P 500 index has gained 12.02% in the same period.
Drugs Wholesale: The industry, which gained 2.26%, saw Grupo Casa Saba SA de CV (NYSE: SAB) as the top gainer. SAB’s shares rose 3.81%. SAB’s quarterly earnings jumped 37.50% y/y.
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