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The Dow dropped 0.08 percent to 18,024.39, while the NASDAQ composite index fell 0.02 percent to 5,034.30. The broader Standard & Poor's 500 index slipped 0.04 percent to 2,107.20.
The worst performing industries in the market today are:
Regional - Southeast Banks: The industry dropped 1.2 percent by 11:00 am. The worst performer in this industry was
BB&T CorporationBBT, which declined 2.1 percent. BB&T reported downbeat Q1 earnings.
Regional - Mid-Atlantic Banks: This industry declined 1.1 percent by 11:00 am with
Southside Bancshares, Inc. SBSI moving down 1.5 percent. Southside Bancshares' PEG ratio is 6.96.
Computer Peripherals: This industry tumbled 1.1 percent by 11:00 am. The worst stock within the industry was
3D Systems Corporation DDD, which fell 1.4 percent. 3D Systems shares have dropped 40.61 percent over the past 52 weeks, while the S&P 500 index has gained 12.21 percent in the same period.
Semiconductor - Specialized: This industry fell 1 percent by 11:00 am ET.
Monolithic Power Systems, Inc. MPWR shares dropped 3.5 percent in today's trading. Monolithic Power reported upbeat Q1 results.
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