Worst Performing Industries For May 17, 2016

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The Dow fell 0.28 percent to 17,661.36, while the NASDAQ composite index declined 0.29 percent to 4,761.64. The broader Standard & Poor's 500 index dropped 0.26 percent to 2,061.30. The worst performing industries in the market today are:
Foreign Utilities:
This industry slipped 2.3 percent by 11:00 am. The worst stock within the industry was
CPFL Energia S.A. (ADR)CPL
, which fell 2 percent. CPFL Energia shares have dropped 15.82 percent over the past 52 weeks, while the S&P 500 index has declined 2.87 percent in the same period.
Meat Products:
This industry declined 1.5 percent by 11:00 am with
Hormel Foods Corp HRL
moving down 2.2 percent. Hormel Foods is expected to post its quarterly earnings on May 18, 2016.
Cigarettes:
This industry fell 1.4 percent by 11:00 am ET.
Philip Morris International Inc. PM
shares dropped 1.4 percent in today's trading. Philip Morris' PEG ratio is 2.79.
Drug Stores:
The industry dropped 1.4 percent by 11:00 am. The worst performer in this industry was
China Jo-Jo Drugstores Inc CJJD
, which declined 1.6 percent.
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