The Dow fell 0.58 percent to 18,106.33, while the NASDAQ composite index declined 0.39 percent to 5,229.10. The broader Standard & Poor's 500 index dropped 0.61 percent to 2,134.12.
The worst performing industries in the market today are:
- Cement: This industry slipped 2.7 percent by 11:00 am. The worst stock within the industry was Cemex SAB de CV (ADR) CX, which fell 2.5 percent. Cemex shares have declined 4.59 percent over the past 52 weeks, while the S&P 500 index has gained 7.62 percent in the same period.
- Foreign Money Center Banks: This industry declined 2.3 percent by 11:00 am with Royal Bank of Scotland Group PLC RBS moving down 5.9 percent. Royal Bank of Scotland shares have dropped 49.36 percent over the past 52 weeks, while the S&P 500 index has gained 7.62 percent in the same period.
- Long Distance Carriers: This industry fell 1.8 percent by 11:00 am ET. HC2 Holdings Inc HCHC shares dropped 1.6 percent in today's trading. HC2 Holdings shares have slipped 41.82 percent over the past 52 weeks, while the S&P 500 index has increased 7.62 percent in the same period.
- Investment Brokerage - Regional: The industry dropped 1.7 percent by 11:00 am. The worst performer in this industry was Stifel Financial Corp SF, which declined 2.2 percent.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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