At 10:30 am, the Dow fell 1.50 percent to 15,675.97, the broader Standard & Poor's 500 index moved down 1.43 percent to 1,825.45 and the NASDAQ composite index declined 1.09 percent to 4,236.83.
The industries that are still afloat in the market today are:
Networking & Communication Devices: This industry gained 6.7 percent by 10:30 am. The top performer in this industry was Cisco Systems, Inc.CSCO, which rose 8.6 percent. Cisco reported better-than-expected results for its second quarter fiscal 2016. Management announced it will add $15 billion to its share repurchase program, and boosted the stock's dividend yield to 4.6 percent, or $0.26 per share.
Silver: This industry rose 2.4 percent by 10:30 am ET. The top performer in this industry was Endeavour Silver Corp EXK, which gained 12.9 percent. Silver futures gained 2.34 percent to $15.64 an ounce.
Auto Parts Stores: The industry gained 1.5 percent by 10:30 am. The top performer in this industry was O'Reilly Automotive Inc ORLY, which gained 3.6 percent. O'Reilly Automotive reported upbeat Q4 results.
Catalog & Mail Order Houses: This industry moved up 1.4 percent by 10:30 am. The top performer in this industry was Liberty Ventures LVNTA, which rose 3.4 percent.
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