Top Performing Industries For May 12, 2016

At 10:30 am, the Dow rose 0.04 percent to 17,718.10, the broader Standard & Poor's 500 index moved up 0.06 percent to 2,065.77 and the NASDAQ composite index declined 0.27 percent to 4,747.71. The industries that are supporting the market today are: Consumer Services: This industry gained 1.6 percent by 10:30 am. The top performer in this industry was Envirostar Inc EVI, which rose 6.1 percent. EnviroStar reported Q3 earnings of $0.19 per share on revenue of $27.622 million. Agricultural Chemicals: This industry rose 1.5 percent by 10:30 am ET. The top performer in this industry was Monsanto Company MON, which gained 9 percent. Bloomberg said Bayer is considering a $40 billion acquisition for Monsanto. Silver: The industry gained 1.3 percent by 10:30 am. The top performer in this industry was Silver Standard Resources Inc. (USA) SSRI, which gained 6.1 percent. Silver Standard reported Q1 adjusted earnings of $0.11 per share on revenue of $101.51 million. Dairy Products: This industry moved up 1.2 percent by 10:30 am. The top performer in this industry was Dean Foods Co DF, which rose 1.7 percent. Dean Foods shares have dropped 2.78 percent over the past 52 weeks, while the S&P 500 index has slipped 2.67 percent in the same period.
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