Market Overview

Top Narrow Based Indexes For December 13, 2012

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By 10:28 am, the Dow Jones Industrial Average was up 8.98 points, or 0.07%, to 13,254.43, while the broader Standard & Poor's 500 index had gained 1.56 points, or 0.11%. The NASDAQ composite index rose 10.40 points, or 0.35%.

Some of the narrow based indexes that are supporting the markets are Alcohol Stocks, which have gained 2.4%, Electronics Retailer Stocks, up 2.1%, and Computer Peripheral Stocks, moving 1.6% higher as a group.

In Tickerspy's Alcohol complex, Boston Beer Co (NYSE: SAM) had surged 13.9%. Boston Beer lifted its 2012 profit forecast.

The best performing Tickerspy Electronics Retailer stock has been Best Buy Co (NYSE: BBY), which was up 17.9%. Best Buy's founder Richard Schulze is likely to make a fully-financed offer to acquire the company, according to the Minneapolis Star Tribune.

ZAGG (NASDAQ: ZAGG) is today's leading Tickerspy's Computer Peripheral stock, gaining 11.8%. ZAGG announced a share repurchase program of up to $10 million.

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

 

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