Top Performing Industries For August 29
At 10:05 am, the Dow rose 1.49% to 11,453.01, the broader Standard & Poor's 500 index moved up 1.65% to 1,196.25 and the NASDAQ composite index gained 1.82% to 2,525.00.
The industries that are driving the market today are:
Semiconductor- Memory Chips: This industry jumped 4.63% by 10:05 am. The top stock within the industry was Micron Technology Inc (NASDAQ: MU), which rose 5.6%. MU's trailing-twelve-month revenue is $9.14 billion.
Computer Peripherals: This industry moved up 3.71% by 10:05 am. The top stock within the industry was Identive Group Inc (NASDAQ: INVE), which gained 8.7%. INVE shares have jumped over the past 52 weeks, while the S&P 500 index has gained 10.54% in the same period.
Wholesale, Other: The industry, which gained 3.69%, saw Sims Metal Management Ltd (NYSE: SMS) as the top gainer. SMS' shares rose 4.4%. SMS reported a 19% rise in its fiscal 2011 revenue.
Recreational Vehicles: This industry rose 3.14% by 10:05 am ET. The top stock within the industry was Arctic Cat Inc (NASDAQ: ACAT), which gained 5.5%. ACAT shares have surged 83.08% over the past 52 weeks, while the S&P 500 index has gained 10.54% in the same period.
