Top Performing Industries For December 22
At 12:40 pm, the Dow gained 0.60% to 12,179.91, the broader Standard & Poor's 500 index moved up 0.80% to 1,253.66 and the NASDAQ composite index gained 0.90% to 2,601.28.
The industries that are driving the market today are:
Semiconductor- Memory Chips: This industry jumped 5.88% by 12:40 pm. The top stock within the industry was Micron Technology Inc (NASDAQ: MU), which rose 16.7%. Analysts at Wedbush upgraded Micron to outperform.
Music & Video Stores: This industry moved up 4.20% by 12:40 pm. The top stock within the industry was Hastings Entertainment Inc (NASDAQ: HAST), which gained 6%. HAST's trailing-twelve-month revenue is $503.84 million.
Semiconductor - Specialized: The industry, which gained 3.52%, saw Hanwha SolarOne Co Ltd (NASDAQ: HSOL) as the top gainer. HSOL's shares rose 12.3%. HSOL had $289.15 million in total cash for the recent quarter.
Cement: This industry rose 3.47% by 12:40 pm ET. The top stock within the industry was Cemex SAB de CV (NYSE: CX), which gained 7%. CX's trailing-twelve-month revenue is $13.19 billion.
