Market Overview

Top Narrow Based Indexes For January 30

By 11:00 am, the Dow Jones Industrial Average was down 103.84 points, or 0.82%, to 12,556.62, while the broader Standard & Poor's 500 index had dropped 11.68 points, or 0.89%. The NASDAQ composite index fell 19.42 points, or 0.69%.

Some of the narrow based indexes that are still afloat in the markets are Electric Grid and Smart Meter Stocks, which have gained 1.4%, Auto Parts and Repair Retail Stocks, up 1.3%, and Tobacco and Tobacco Product Stocks, moving 1.0% higher as a group.

In Tickerspy's Electric Grid and Smart Meter complex, Thomas & Betts Corp (NYSE: TNB) had surged 22.6%. ABB Ltd (NYSE: ABB) announced its plans to acquire Thomas & Betts for $72 per share in cash or around $3.9 billion.

The best performing Tickerspy Auto Parts and Repair Retail stock has been Pep Boys-Manny, Moe & Jack (The) (NYSE: PBY), which was up 22.9%. PBY agreed to be bought by Gores Group for $15.00 per share.

Star Scientific Inc (NASDAQ: CIGX) is today's leading Tickerspy's Tobacco and Tobacco Product stock, gaining 3.5%. CIGX reported the first human clinical trial showing that Anatablocâ„¢ lowers C-reactive protein levels in subjects' blood.

Posted-In: top Narrow Based IndexesNews Intraday Update Markets Movers

 

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