Top Narrow Based Indexes For December 13
By 10:00 am, the Dow Jones Industrial Average was up 108.68 points, or 0.90%, to 12,130.07, while the broader Standard & Poor's 500 index had gained 23.58 points, or 0.90%. The NASDAQ composite index rose 12.30 points, or 0.99%.
Some of the narrow based indexes that are driving the markets are Surety and Title Insurance Stocks, which have gained 2.7%, Office Supply Stocks, up 2.2%, and Medical Appliances and Equipment Stocks, moving 1.8% higher as a group.
In Tickerspy's Surety and Title Insurance complex, Assured Guaranty Ltd (NYSE: AGO) had surged 5.5%. AGO's PEG ratio is 0.37.
The best performing Tickerspy Office Supply stock has been Acme United Corporation (AMEX: ACU), which was up 14.1%. ACU's trailing-twelve-month revenue is $70.83 million.
Synovis Life Technologies Inc (NASDAQ: SYNO) is today's leading Tickerspy's Medical Appliances and Equipment stock, gaining 50.6%. Baxter International Inc (NYSE: BAX) announced its plans to acquire Synovis Life Technologies for $28 per share.
