Top Performing Industries For July 24, 2014
At 10:50 am, the Dow gained 0.07% to 17,098.70, the broader Standard & Poor's 500 index moved up 0.07% to 1,988.37 and the NASDAQ composite index fell 0.08% to 4,470.24.
The industries that are supporting the market today are:
Wholesale, Other: This industry rose 3.36% by 10:50 am ET. The top performer in this industry was United Stationers (NASDAQ: USTR), which gained 3.3%. United Stationers reported in-line Q2 earnings.
Auto Parts Stores: The industry gained 2.49% by 10:50 am. The top performer in this industry was O'Reilly Automotive (NASDAQ: ORLY), which gained 4.7%. O'Reilly Automotive reported upbeat Q2 earnings and lifted its FY14 earnings forecast.
Drugs Wholesale: This industry jumped 2.09% by 10:50 am. The top performer in this industry was AmerisourceBergen (NYSE: ABC), which rose 3.9%. AmerisourceBergen reported better-than-expected Q3 earnings and issued a strong FY14 forecast.
Textile - Apparel Clothing: This industry moved up 1.85% by 10:50 am. The top performer in this industry was Under Armour (NYSE: UA), which gained 11%. Under Armour posted a quarterly net profit of $17.7 million, or $0.08 per share.
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