Worst Performing Industries For August 25, 2014
The Dow gained 0.66% to 17,112.94, while the NASDAQ composite index rose 0.63% to 4,567.07. The broader Standard & Poor's 500 index surged 0.65% to 2,001.34.
The worst performing industries in the market today are:
Internet Service Providers:
This industry tumbled 4.64% by 11:40 am. The worst stock within the industry was Qihoo 360 Technology Co (NYSE: QIHU), which fell 7%. Qihoo 360 reported Q2 adjusted EPADS of $0.50 on revenue of $317.90 million.
The industry dropped 1.47% by 11:40 am. The worst performer in this industry was Endeavour Silver (NYSE: EXK), which declined 3.9%. Silver futures fell 0.38% to trade at $19.39 an ounce.
Nonmetallic Mineral Mining:
This industry declined 0.43% by 11:40 am, with Yanzhou Coal Mining Co (NYSE: YZC) moving down 1.2%. Yanzhou Coal Mining shares have dropped 4.03% over the past 52 weeks, while the S&P 500 index has jumped 20.02% in the same period.
Sporting Goods Stores:
This industry fell 0.38% by 11:40 am ET. Cabela's (NYSE: CAB) shares dropped 1% in today's trading. Cabela's trailing-twelve-month profit margin is 5.65%.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.