Worst Performing Industries For October 20, 2014

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The Dow tumbled 0.24% to 16,341.36, while the NASDAQ composite index rose 0.52% to 4,280.56. The broader Standard & Poor's 500 index gained 0.26% to 1,891.68. The worst performing industries in the market today are:
Networking & Communication Devices:
The industry dropped 1.7% by 11:00 am. The worst performer in this industry was Cisco Systems
CSCO
, which declined 22%. Cisco shares have gained 1.40% over the past 52 weeks, while the S&P 500 index has surged 8.14% in the same period.
Diversified Computer Systems:
This industry fell 1.54% by 11:00 am ET. Hewlett-Packard Company
HPQ
shares dropped 1.9% in today's trading. IBM reported downbeat quarterly earnings.
Application Software:
This industry tumbled 1.24% by 11:00 am. The worst stock within the industry was One Horizon Group
OHGI
, which fell 2%. One Horizon Group's trailing-twelve-month ROE is 1.98%.
Foreign Utilities:
This industry declined 0.70% by 11:00 am, with CPFL Energia SA
CPL
moving down 3%. CPFL Energia's PEG ratio is 2.53.
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