Top Narrow Based Indexes For June 27
By 11:48 am, the Dow Jones Industrial Average was up 93.20 points, or 0.78%, to 12,027.78, while the broader Standard & Poor's 500 index had surged 9.14 points, or 0.72%. The NASDAQ composite index rose 28.10 points, or 1.06%.
Some of the narrow based indexes that are driving the markets are Specialized Healthcare and Outpatient Services Stocks, which have gained 4.1%, Nutrition Product Stocks, up 3.1%, and Payday Lender and Pawnshop Stocks, moving 2.9% higher as a group.
In Tickerspy's Specialized Healthcare and Outpatient Services complex, Continucare Corp (NYSE: CNU) had surged 30.6%. Metropolitan Health Networks Inc (AMEX: MDF) announced its plans to buy Continucare for around $416 million in cash and stock.
The best performing Tickerspy Nutrition Product stock has been Tiens Biotech Group (USA) Inc (AMEX: TBV), which was up 59.2%. TBV shares have dropped 43.72% over the past 52 weeks, while the S&P 500 index has gained 17.80% in the same period.
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