Top Performing Industries For May 24, 2016

At 10:30 am, the Dow rose 1.26 percent to 17,713.65, the broader Standard & Poor's 500 index moved up 1.27 percent to 2,073.99 and the NASDAQ composite index rose 1.58 percent to 4,841.02. The industries that are driving the market today are: Appliances: This industry gained 2.7 percent by 11:00 am. The top stock within the industry was Whirlpool Corporation WHR, which gained 3 percent. Whirlpool shares have dropped 11.39 percent over the past 52 weeks, while the S&P 500 index has slipped 2.67 percent in the same period. Foreign Money Center Banks: This industry rose 2.6 percent by 10:30 am ET. The top performer in this industry was Royal Bank of Scotland Group PLC RBS, which gained 5.5 percent. Royal Bank of Scotland shares have declined 36.06 percent over the past 52 weeks, while the S&P 500 index has dropped 2.67 percent in the same period. Computer Peripherals: The industry gained 2.5 percent by 10:30 am. The top performer in this industry was Stratasys, Ltd. SSYS, which gained 7.6 percent. FBR Capital initiated coverage on Stratasys with a Outperform rating. Investment Brokerage - Regional: This industry moved up 2.2 percent by 10:30 am. The top performer in this industry was Siebert Financial Corp. SIEB, which rose 7.5 percent.
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