The Dow rose 0.50 percent to 18,540.28, while the NASDAQ composite index rose 0.61 percent to 5,243.89. The broader Standard & Poor's 500 index gained 0.53 percent to 2,184.08.
The worst performing industries in the market today are:
- Auto Parts Stores: This industry slipped 1.2 percent by 11:00 am. The worst stock within the industry was AutoZone, Inc. AZO, which fell 1.3 percent. Susquehanna initiated coverage on AutoZone with a Neutral rating.
- Electronics Stores: This industry declined 1.1 percent by 11:00 am with GameStop Corp. GME moving down 8.1 percent. GameStop reported in-line earnings for its second quarter, but revenues missed by $90 million.
- Home Furnishing Stores: This industry fell 0.9 percent by 11:00 am ET. Restoration Hardware Holdings Inc RH shares dropped 2 percent in today's trading. Restoration Hardware shares have declined 63.05 percent over the past 52 weeks, while the S&P 500 index has gained 11.95 percent in the same period.
- Drug Stores: The industry dropped 0.8 percent by 11:00 am. The worst performer in this industry was Walgreens Boots Alliance Inc WBA, which declined 1 percent.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in