Top Performing Industries For November 1 (MVG, SIRI, AAWW, MPEL)
At 10:43 am, the Dow gained 0.90% to 11,218.50, the broader Standard & Poor's 500 index moved up 0.82% to 1,192.92 and the NASDAQ composite index rose 0.67% to 2,524.09.
The industries that are driving the market today are:
Silver: This industry jumped 2.35% by 10:43 am. The top stock within the industry was Mag Silver Corporation (AMEX: MVG), which rose 5.77%. MVG had $50.34 million in total cash and no debt for the recent quarter.
Broadcasting - Radio: This industry rose 2.31% by 10:43 am ET. The top performer in this industry was Sirius XM Radio Inc (NASDAQ: SIRI), which gained 3.33%. SIRI's quarterly revenue surged 18.40% y/y.
Air Services, Other: This industry moved up 2.23% by 10:43 am, with Atlas Air Worldwide Holdings (NASDAQ: AAWW) moving up 7.54% to gain the top spot. AAWW has reported better-than-expected Q3 profit and lifted its projections for the full year.
Resorts & Casinos: The industry, which gained 2.22%, saw Melco Crown Entertainment Limited (NASDAQ: MPEL) as the top gainer. MPEL's shares rose 3.67%. MPEL is scheduled to report its Q3 earnings on November 2.
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