Market Overview

Top Narrow Based Indexes For September 8 (NBS, PIR, GMCR)

By 1:06 pm, the Dow Jones Industrial Average was up 67.81 points, or 0.66%, to 10,408.50, while the broader Standard & Poor's 500 index had gained 9.72 points, or 0.89%. The NASDAQ composite index rose 24.77 points, or 1.12%.

Some of the narrow based indexes that are driving the market are Stem Cell Stocks, which have gained 4.3%, Home Furnishing Retailer Stocks, up 3.8%, and Coffee Stocks, moving 3.6% higher as a group.

In Tickerspy's Stem Cell complex, Neostem Inc (AMEX: NBS) had surged 6.1%. NBS has named Ian Zhang as its new president and MD of NeoStem (China) Inc.

The best performing Tickerspy Home Furnishing Retailer stock has been Pier 1 Imports Inc (NYSE: PIR), which was up 4.3%. PIR had reported an 8% y/y rise in its Q2 sales.

Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) is today’s leading Tickerspy's Coffee stock, gaining 8.7%. GMCR has reported a 10%-15% surge in its price of K-Cup portion packs.

Read more from Benzinga's Company news.

Posted-In: top Narrow Based IndexesLong Ideas News Management Intraday Update Markets Trading Ideas

 

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