Top Performing Industries For October 27 (FFIV, NFLX, ARW, MCK)
At 10:22 am, the Dow lost 0.73% to 11,087.99, the broader Standard & Poor's 500 index moved down 0.63% to 1,178.15 and the NASDAQ composite index fell 0.14% to 2,493.91.
The industries that are still afloat in the market today are:
Internet Service Providers: This industry jumped 9.23% by 10:22 am. The top stock within the industry was F5 Networks Inc (NASDAQ: FFIV), which rose 12.32%. FFIV reported upbeat Q4 results.
Music & Video Stores: This industry rose 1.92% by 10:22 am ET. The top performer in this industry was Netflix Inc (NASDAQ: NFLX), which gained 1.78%. Analysts at Oppenheimer upgraded NFLX from “underperform” to “outperform.”
Electronics Wholesale: This industry moved up 1.55% by 10:22 am, with Arrow Electronics Inc (NYSE: ARW) moving up 3.48% to gain the top spot. ARW reported better-than-expected Q3 results.
Drugs Wholesale: The industry, which gained 1.47%, saw McKesson Corporation (NYSE: MCK) as the top gainer. MCK's shares rose 5.25%. MCK maintained its earnings guidance for the full year.
Read more from Benzinga's Markets.
