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The Dow rose 0.54 percent to 17,630.38, while the NASDAQ composite index gained 0.65 percent to 4,748.41. The broader Standard & Poor's 500 index rose 0.51 percent to 2,057.11.
The worst performing industries in the market today are:
Sporting Goods Stores: This industry slipped 1.4 percent by 11:00 am. The worst stock within the industry was
Dicks Sporting Goods IncDKS, which fell 1.8 percent. DICK'S Sporting Goods is expected to post Q1 results on May 19th, 2016.
Catalog & Mail Order Houses: This industry declined 0.9 percent by 11:00 am with
Amazon.com, Inc. AMZN moving down 1.2 percent. Amazon.com is looking to enter the private-label business and sell its own branded perishable foods, nuts, spices, tea, coffee, baby food, vitamins and many household items, including diapers and laundry detergents. The Wall Street Journal, citing "people familiar with the matter," reported that some of the new brands will be named Happy Belly, Wickedly Prime and Mama Bear.
Appliances: This industry fell 0.8 percent by 11:00 am ET.
Whirlpool Corporation Loading...
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shares dropped 1.2 percent in today's trading. Whirlpool shares have dropped 10.59 percent over the past 52 weeks, while the S&P 500 index has slipped 3.88 percent in the same period.
Specialty Retail, Other: The industry dropped 0.7 percent by 11:00 am. The worst performer in this industry was
Zagg Inc ZAGG, which declined 7.6 percent.
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