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The Dow dropped 0.22% to 17,242.07, while the NASDAQ composite index fell 0.92% to 4,537.47. The broader Standard & Poor's 500 index fell 0.55% to 1,999.44.
The worst performing industries in the market today are:
Auto Parts Stores:
This industry tumbled 2.34% by 11:00 am. The worst stock within the industry was AutoZone
AZO, which fell 3.9%. The company's quarterly revenue missed analysts' estimates. However, the company reported upbeat quarterly earnings.
Computer Peripherals:
The industry dropped 2.24% by 11:00 am. The worst performer in this industry was TransAct Technologies
TACT, which declined 3%. 7 TransAct and Eurocoin will end European distribution agreement at the year end. TransAct also announced it expanded its casino and gaming distribution agreement with Suzo-Happ, to include all worldwide territories.
Silver:
This industry declined 2.20% by 11:00 am, with Silvercorp Metals
SVM moving down 7.6%. Silver futures fell 0.75% to trade at $17.71 an ounce.
Music & Video Stores:
This industry fell 2.07% by 11:00 am ET. Netflix
NFLX shares dropped 2.3% in today's trading. Netflix's PEG ratio is 3.77.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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