Worst Performing Industries For August 14, 2014

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The Dow gained 0.13% to 16,673.33, while the NASDAQ composite index rose 0.15% to 4,440.82. The broader Standard & Poor's 500 index surged 0.22% to 1,951.02. The worst performing industries in the market today are:
Networking & Communication Devices:
This industry tumbled 2.93% by 10:30 am. The worst stock within the industry was Cisco Systems
CSCO
, which fell 2.8%. Cisco reported better-than-expected fiscal fourth-quarter earnings and announced its plans to lower another 6,000 jobs. Cisco expected Q1 earnings of $0.51 to $0.53 per share, versus analysts' estimates of $0.53 per share.
Silver:
This industry fell 1.20% by 10:30 am ET. Coeur Mining
CDE
shares dropped 2.5% in today's trading. Silver futures gained 0.43% to trade at $19.93 an ounce.
Diversified Computer Systems:
The industry dropped 0.93% by 10:30 am. The worst performer in this industry was Arista Networks
ANET
, which declined 0.8%. Arista Networks' PEG ratio is 2.06.
Electronics Stores:
This industry declined 0.77% by 10:30 am, with Appliance Recycling Centers of America
ARCI
moving down 1%. Appliance Recycling Centers of America shares have gained 7.29% over the past 52 weeks, while the S&P 500 index has jumped 17.18% in the same period.
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