Worst Performing Industries For January 29, 2016

The Dow rose 1.23 percent to 16,267.22, while the NASDAQ composite index climbed 1.07 percent to 4,554.77. The broader Standard & Poor's 500 index rose 1.07 percent to 1,913.65. The worst performing industries in the market today are: Catalog & Mail Order Houses: This industry declined 7 percent by 11:00 am with Amazon.com, Inc. AMZN moving down 8.5 percent. Amazon.com reported weaker-than-expected results for the fourth quarter. Specialty Retail, Other: This industry fell 4.5 percent by 11:00 am ET. U.S. Auto Parts Network, Inc. PRTS shares dropped 4.3 percent in today's trading. U.S. Auto Parts Network shares have surged 18.72 percent over the past 52 weeks, while the S&P 500 index has dropped 5.62 percent in the same period. Accident & Health Insurance: The industry dropped 0.7 percent by 11:00 am. The worst performer in this industry was AFLAC Incorporated AFL, which declined 2.2 percent. Aflac is expected to release Q4 results on February 1, 2016. Biotechnology: This industry slipped 0.6 percent by 11:00 am. The worst stock within the industry was Gilead Sciences, Inc. GILD, which fell 3.7 percent. Gilead named current Chairman and CEO John Martin as Executive Chairman. The company's President and COO John Milligan will be promoted to CEO.