Top Performing Industries For July 28 (MBND, AHGP, CEA, WYN)
At 11:06 am, the Dow lost 0.18% to 10,519.15, the broader Standard & Poor's 500 index moved down 0.41% to 1,109.25 and the NASDAQ composite index fell 0.56% to 2,275.36.
The industries that are driving the market today are:
Telecom Services-Foreign: This industry jumped 3.77% by 11:06 am. The top stock within the industry was Multiband Corporation (NASDAQ: MBND), which rose 5.63%. MBND’s shares have fallen 22.71% over the past 52 weeks, while the S&P 500 index has gained 13.70% in the same period.
Nonmetallic Mineral Mining: This industry rose 1.60% by 11:06 am ET. The top performer in this industry was Alliance Holdings GP LP (NASDAQ: AHGP), which gained 3.23%. AHGP has declared a quarterly cash distribution of $0.4825 per unit for the quarter ended June 30, 2010.
Major Airlines: This industry moved up 1.29% by 11:06 am, with China Eastern Airlines Corporation (NYSE: CEA) moving up 4.28% to gain the top spot. CEA’s quarterly earnings jumped 1,819.80% y/y.
Lodging: The industry, which gained 1.22%, saw Wyndham Worldwide Corp (NYSE: WYN) as the top gainer. WYN’s shares rose 9.20%. WYN has reported better-than expected Q2 results.
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