Worst Performing Industries For July 17, 2015

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The Dow fell 0.43 percent to 18,042.08, while the NASDAQ composite index surged 0.55 percent to 5,191.55. The broader Standard & Poor's 500 index declined 0.13 percent to 2,121.48. The worst performing industries in the market today are:
Electronics Stores:
This industry declined 4.2 percent by 11:00 am with
Best Buy Co IncBBY
moving down 5.9 percent. Bank of America downgraded Best Buy from Buy to Underperform and lowered the price target from $45.00 to $32.00.
Silver:
The industry dropped 3.5 percent by 11:00 am. The worst performer in this industry was
First Majestic Silver Corp AG
, which declined 6.9 percent. Silver futures fell 0.96 percent to $14.84 an ounce.
Toys & Games:
This industry tumbled 2.6 percent by 11:00 am. The worst stock within the industry was
Mattel, Inc. MAT
, which fell 4.5 percent. Mattel reported upbeat earnings for its second quarter. However, Barbie sales declined 11 percent to $130.3 million.
Regional - Southwest Banks:
This industry fell 1.4 percent by 11:00 am ET.
Texas Capital Bancshares IncTCBI
shares dropped 3.2 percent in today's trading. Texas Capital Bancshares is expected to report Q2 results on Wednesday, July 22, 2015.
Posted In: NewsMovers & ShakersIntraday UpdateMarketsConsumer DiscretionaryLeisure ProductsWorst Performing Industries
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