Top Performing Industries For September 2 (PIR, MNI, SSRI, JWN)
At 11:00 am, the Dow gained 0.20% to 10,290.17, the broader Standard & Poor's 500 index moved up 0.57% to 1,086.44 and the NASDAQ composite index rose 0.72% to 2,192.50.
The industries that are driving the market today are:
Home Furnishing Stores: This industry jumped 3.84% by 11:00 am. The top stock within the industry was Pier 1 Imports Inc (NYSE: PIR), which rose 14.22%. PIR has reported an 11.2% growth in its comparable-store sales for the second quarter of the fiscal year.
Publishing - Newspapers: This industry rose 3.37% by 11:00 am ET. The top performer in this industry was McClatchy Company (The) (NYSE: MNI), which gained 8.99%. MNI’s PEG ratio is 0.98.
Silver: This industry moved up 3.28% by 11:00 am, with Silver Standard Resources Inc (NASDAQ: SSRI) moving up 4.11% to gain the top spot. SSRI’s shares have lost 6.21% over the past 52 weeks, while the S&P 500 index has gained 8.60% in the same period.
Apparel Stores: The industry, which gained 3.18%, saw Nordstrom Inc (NYSE: JWN) as the top gainer. JWN’s shares rose 7.22%. JWN has reported a 6.3% rise in its same-store sales for the month of August.
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