Top Performing Industries For May 16, 2016

At 10:30 am, the Dow rose 0.58 percent to 17,637.81, the broader Standard & Poor's 500 index moved up 0.53 percent to 2,057.41 and the NASDAQ composite index climbed 0.64 percent to 4,747.99. The industries that are driving the market today are: Nonmetallic Mineral Mining: This industry gained 2.4 percent by 10:30 am. The top performer in this industry was Hongli Clean Energy Technologies Corp CETC, which rose 12.5 percent. Hongli Clean Energy Technologies shares have dropped 82.06 percent over the past 52 weeks, while the S&P 500 index has slipped 3.88 percent in the same period. Silver: This industry rose 2.3 percent by 10:30 am ET. The top performer in this industry was First Majestic Silver Corp AG, which gained 5 percent. First Majestic Silver shares have surged 98.52 percent over the past 52 weeks, while the S&P 500 index has declined 3.88 percent in the same period. Cement: The industry gained 2.2 percent by 10:30 am. The top performer in this industry was Cemex SAB de CV (ADR) CX, which gained 2.3 percent. Cemex's PEG ratio is 0.41. Copper: This industry moved up 1.9 percent by 10:30 am. The top performer in this industry was Freeport-McMoRan Inc FCX, which rose 8 percent. Freeport-McMoRan entered into a distribution deal with Noble Drilling (U.S.) LLC and J.P. Morgan Securities LLC and HSBC Securities (USA) Inc.
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