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The Dow dropped 0.37% to 16,507.63, while the NASDAQ composite index fell 0.27% to 4,372.00. The broader Standard & Poor's 500 index dropped 0.40% to 1,931.34.
The worst performing industries in the market today are:
Building Materials Wholesale:
This industry tumbled 4.61% by 12:00 pm. The worst stock within the industry was Louisiana-Pacific
LPX, which fell 6.5%. Louisiana-Pacific reported Q2 earnings of $0.01 per share on revenue of $518.50 million.
Shipping:
This industry fell 4.32% by 12:00 pm ET. GasLog
GLOG shares dropped 5% in today's trading. GasLog shares have jumped 83.41% over the past 52 weeks, while the S&P 500 index has gained 14.24% in the same period.
Photographic Equipment & Supplies:
The industry dropped 2% by 12:00 pm. The worst performer in this industry was Ballantyne Strong
BTN, which declined 2.3%. Ballantyne Strong is expected to report Q2 results on August 8, 2014.
Semiconductor - Integrated Circuits:
This industry moved down 1.82% by 12:00 pm, with Taiwan Semiconductor Manufacturing Company
TSM moving down 3.5%. Taiwan Semiconductor Manufacturing's trailing-twelve-month EPS is $1.24.
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Posted In: NewsMovers & ShakersIntraday UpdateMarketsForest ProductsMaterialsWorst Performing Industries
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