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The Dow dropped 0.77% to 16,854.06, while the NASDAQ composite index fell 0.93% to 4,377.74. The broader Standard & Poor's 500 index declined 0.71% to 1,958.80.
The worst performing industries in the market today are:
Photographic Equipment & Supplies: This industry tumbled 6.89% by 10:45 am. The worst stock within the industry was Experience Art and Design
EXAD, which fell 25.8%. Experience Art and Design's trailing-twelve-month EPS is -$0.03.
Manufactured Housing: This industry fell 5.45% by 10:45 am ET. Tile Shop Holdings
TTS shares dropped 9% in today's trading. Credit Suisse lowered Tile Shop estimates.
Wholesale, Other: The industry dropped 2.35% by 10:45 am. The worst performer in this industry was United Stationers
USTR, which declined 2.3%. United Stationers is expected to report its Q2 results on July 23, 2014.
Music & Video Stores: This industry moved down 2.33% by 10:45 am, with Netflix
NFLX moving down 1.7%. Netflix shares have jumped 81.43% over the past 52 weeks, while the S&P 500 index has gained 18.82% in the same period.
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