Worst Performing Industries For July 21, 2014
The Dow dropped 0.73% to 16,975.96, while the NASDAQ composite index fell 0.60% to 4,405.53. The broader Standard & Poor's 500 index declined 0.62% to 1,966.06.
The worst performing industries in the market today are:
Regional - Southeast Banks:
This industry tumbled 2.22% by 10:45 am. The worst stock within the industry was BB&T (NYSE: BBT), which fell 4.1%. BB&T reported weaker-than-expected second-quarter earnings.
Publishing - Books:
This industry fell 2.12% by 10:45 am ET. Pearson plc (NYSE: PSO) shares dropped 2.4% in today's trading. Pearson's trailing-twelve-month ROE is 5.17%.
The industry dropped 2.01% by 10:45 am. The worst performer in this industry was The Standard Register Company (NYSE: SR), which declined 2.8%. Standard Register is expected to release its Q2 results on July 25, 2014.
Toys & Games:
This industry moved down 1.99% by 10:45 am, with Hasbro (NASDAQ: HAS) moving down 3.1%. Hasbro reported in-line earnings for the second quarter. However, the company's revenue missed estimates.
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