Top Performing Industries For July 27, 2016
At 10:30 am, the Dow fell 0.01 percent to 18,472.27, the broader Standard & Poor's 500 index moved down 0.18 percent to 2,165.22 and the NASDAQ composite index gained 0.46 percent to 5,133.79.
The industries that are supporting the market today are:
- Electronic Equipment: This industry gained 5.2 percent by 11:00 am. The top stock within the industry was Apple Inc. (NASDAQ: AAPL), which gained 6.8 percent. Apple) reported stronger-than-expected results for its fiscal third quarter on Tuesday.
- Cement: This industry rose 3.2 percent by 10:30 am ET. The top performer in this industry was Cemex SAB de CV (ADR) (NYSE: CX), which gained 4.7 percent. CEMEX posted a net profit of $205 million on revenue of $3.7 billion for the second quarter.
- Photographic Equipment & Supplies: The industry gained 2 percent by 10:30 am. The top performer in this industry was GoPro Inc (NASDAQ: GPRO), which gained 2 percent. GoPro is expected to post quarterly earnings after the closing bell.
- Copper: This industry moved up 1.9 percent by 10:30 am. The top performer in this industry was Freeport-McMoRan Inc (NYSE: FCX), which rose 3.9 percent. Freeport-McMoRan shares have climbed 11.52 percent over the past 52 weeks, while the S&P 500 index has gained 4.91 percent in the same period.
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