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At 10:30 am, the Dow gained 0.45% to 17,633.72, the broader Standard & Poor's 500 index moved up 0.57% to 2,043.65 and the NASDAQ composite index climbed 0.53% to 4,692.30.
The industries that are driving the market today are:
Regional Airlines: The industry gained 4.84% by 10:30 am. The top performer in this industry was
Southwest Airlines Co.LUV, which gained 7%. Southwest Airlines reported upbeat fourth-quarter results.
Regional - Pacific Banks: This industry rose 3.39% by 10:30 am ET. The top performer in this industry was
City National CorporationCYN, which gained 18%. City National agreed to sell itself to
Royal Bank of Canada for $5.4 billion, or $93.80 per share.
Catalog & Mail Order Houses: This industry jumped 2.68% by 10:30 am. The top performer in this industry was
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, which rose 3.9%. eBay reported upbeat fourth quarter earnings. During the first quarter, eBay plans to cut its workforce globally by approximately 2,400 positions across eBay Marketplaces, PayPal and eBay Enterprise. The company will also be exploring strategic options for eBay Enterprise, including a sale or IPO.
Internet Service Providers: This industry moved up 2.38% by 10:30 am. The top performer in this industry was
Qihoo 360 Technology Co. Ltd.QIHU, which gained 3%. Qihoo 360 shares have dropped 38.74% over the past 52 weeks, while the S&P 500 index has gained 11.14% in the same period.
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