Worst Performing Industries For September 18, 2014

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The Dow gained 0.50% to 17,242.91, while the NASDAQ composite index rose 0.51% to 4,585.61. The broader Standard & Poor's 500 index rose 0.41% to 2,009.76. The worst performing industries in the market today are:
Drug Stores:
This industry tumbled 1.58% by 11:00 am. The worst stock within the industry was Rite Aid
RAD
, which fell 14%. Rite Aid lowered its FY15 earnings outlook. However, the company reported better-than-expected second-quarter earnings.
Foreign Utilities:
The industry dropped 1.13% by 11:00 am. The worst performer in this industry was CPFL Energia SA
CPL
, which declined 2%. CPFL Energia's PEG ratio is 2.69.
Silver:
This industry declined 1.12% by 11:00 am, with Great Panther Silver
GPL
moving down 2.5%. Silver futures fell 1.65% to trade at $18.43 an ounce.
Home Furnishing Stores:
This industry fell 0.92% by 11:00 am ET. Pier 1 Imports
PIR
shares dropped 16% in today's trading. Pier 1 reported weaker-than-expected Q2 results and lowered its FY15 forecast. Analysts at Wells Fargo downgraded Pier 1 from Outperform to Market Perform.
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