Worst Performing Industries For June 24, 2016

The Dow fell 2.16 percent to 17,621.82, while the NASDAQ composite index slipped 2.72 percent to 4,776.39. The broader Standard & Poor's 500 index dropped 2.34 percent to 2,063.88.

The worst performing industries in the market today are:

• Foreign Money Center Banks: This industry slipped 13.7 percent by 11:00 am. The worst stock within the industry was Lloyds Banking Group PLC (ADR) LYG, which fell 25 percent. Lloyds Banking shares have dropped 21.38 percent over the past 52 weeks, while the S&P 500 index has gained 0.56 percent in the same period.
• Cement: This industry declined 9.9 percent by 11:00 am with Cemex SAB de CV (ADR) CX moving down 11 percent. Cemex shares have declined 25.56 percent over the past 52 weeks, while the S&P 500 index has gained 0.56 percent in the same period.
• Investment Brokerage - Regional: This industry fell 7.3 percent by 11:00 am ET. Stifel Financial Corp SF shares dropped 7.6 percent in today's trading. Stifel Financial shares have tumbled 38.90 percent over the past 52 weeks, while the S&P 500 index has gained 0.56 percent in the same period.
• Diversified Communication Services: The industry dropped 6.1 percent by 11:00 am. The worst performer in this industry was Telecom Italia SpA (ADR) TI, which declined 17.5 percent.