Top Performing Industries For August 30 (CTEL, JADE, DELL, UVV)
At 11:46 am, the Dow lost 0.74% to 10,075.12, the broader Standard & Poor's 500 index moved down 0.76% to 1,056.48 and the NASDAQ composite index fell 0.74% to 2,137.74.
The industries that are still afloat in the market today are:
Telecom Services - Foreign: This industry jumped 1.56% by 11:46 am. The top stock within the industry was City Telecom (HK) Limited (NASDAQ: CTEL), which rose 2.79%. Analysts at Oppenheimer initiated coverage of CTEL with an “outperform” rating.
Recreational Goods, Other: This industry rose 1.11% by 11:46 am ET. The top performer in this industry was LJ International Inc (NASDAQ: JADE), which gained 5.33%. JADE has opened its 1st ENZO retail stand-alone street store.
Personal Computers: This industry moved up 1.01% by 11:46 am, with Dell Inc (NASDAQ: DELL) moving up 2.13% to gain the top spot. DELL has 3 days to match the $2 billion bid from Hewlett-Packard Co (NYSE: HPQ) for 3 Par Inc (NYSE: PAR).
Tobacco Products, Other: The industry, which gained 0.99%, saw Universal Corporation (NYSE: UVV) as the top gainer. UVV’s shares rose 1.62%. UVV has a dividend yield of 5.10%.
Read more from Benzinga's Company news.
