Top Performing Industries For August 24
At 9:55 am, the Dow rose 0.55% to 11,238.56, the broader Standard & Poor's 500 index moved up 0.60% to 1,169.27 and the NASDAQ composite index gained 0.44% to 2,456.90.
The industries that are driving the market today are:
Regional - Mid-Atlantic Banks: This industry jumped 3.36% by 9:55 am. The top stock within the industry was Xenith Bankshares Inc (NASDAQ: XBKS), which rose 6.8%. XBKS shares have dropped 37.05% over the past 52 weeks, while the S&P 500 index has gained 10.50% in the same period.
Publishing - Books: This industry rose 1.60% by 9:55 am ET. The top performer in this industry was Peoples Educational Holdings Inc (NASDAQ: PEDH), which gained 31.8%. PEDH shares have surged 25.00% over the past 52 weeks, while the S&P 500 index has gained 10.50% in the same period.
Specialty Chemicals: This industry moved up 1.34% by 9:55 am, with Gulf Resources Inc (NASDAQ: GURE) moving up 6.1% to gain the top spot. GURE reported a lower Q2 profit and reduced its full-year outlook.
Regional Airlines: The industry, which gained 1.34%, saw Gol Linhas Aereas Inteligentes SA (NYSE: GOL) as the top gainer. GOL's shares rose 5.3%. GOL's trailing-twelve-month revenue is $4.41 billion.
