Top Performing Industries For May 9, 2016

At 11:00 am, the Dow fell 0.34 percent to 17,680.95, the broader Standard & Poor's 500 index moved down 0.04 percent to 2,056.29 and the NASDAQ composite index gained 0.23 percent to 4,746.89. The industries that are supporting the market today are: Drug Manufacturers - Other: This industry gained 4.2 percent by 11:00 am. The top performer in this industry was Depomed Inc DEPO, which rose 16 percent. Mizuho upgraded Depomed from Neutral to Buy, while raising the price target from $18 to $19. Drug Related Products: This industry rose 2.5 percent by 11:00 am ET. The top performer in this industry was Perrigo Company plc PRGO, which gained 2.8 percent. Perrigo shares have dropped 52.27 percent over the past 52 weeks, while the S&P 500 index has slipped 2.29 percent in the same period. Drugs Wholesale: The industry gained 1.9 percent by 11:00 am. The top performer in this industry was AmerisourceBergen Corp. ABC, which gained 2.3 percent. AmerisourceBergen's PEG ratio is 1.14. Electronic Equipment: This industry moved up 1.6 percent by 11:00 am. The top performer in this industry was Skullcandy Inc SKUL, which rose 2.7 percent.