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The Dow rose 1 percent to 16,534.24, while the NASDAQ composite index climbed 0.89 percent to 4,848.45. The broader Standard & Poor's 500 index surged 0.89 percent to 1,970.31.
The worst performing industries in the market today are:
REIT - Hotel/Motel: This industry declined 2.2 percent by 11:00 am with
Pebblebrook Hotel TrustPEB moving down 6 percent. Pebblebrook Hotel Trust issued an update to its Q3 operating performance.
Building Materials Wholesale: The industry dropped 0.7 percent by 11:00 am. The worst performer in this industry was
Huttig Building Products Inc HBP, which declined 1.2 percent. Huttig Building Products shares have dipped 15.63 percent over the past 52 weeks, while the S&P 500 index has slipped 2.30 percent in the same period.
Entertainment - Diversified: This industry tumbled 0.6 percent by 11:00 am. The worst stock within the industry was
World Wrestling Entertainment, Inc. WWE, which fell 1.8 percent. World Wrestling Entertainment's PEG ratio is 2.72.
Telecom Services - Foreign: This industry fell 0.4 percent by 11:00 am ET.
Nippon Telegraph & Telephone Corp (ADR) NTT shares dropped 2 percent in today's trading.
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