Top Performing Industries For November 2 (CAB, BBW, SKH, CNR)
At 10:30 am, the Dow gained 0.60% to 11,191.37, the broader Standard & Poor's 500 index moved up 0.57% to 1,191.16 and the NASDAQ composite index rose 0.66% to 2,521.26.
The industries that are driving the market today are:
Sporting Goods Stores: This industry jumped 3.69% by 10:30 am. The top stock within the industry was Cabela's Inc (NYSE: CAB), which rose 14.5%. CAB has posted upbeat Q3 results.
Toy & Hobby Stores: This industry rose 3.30% by 10:30 am ET. The top performer in this industry was Build-A-Bear Workshop Inc (NYSE: BBW), which gained 3.3%. Analysts at BMO Capital Markets upgraded BBW from “market perform” to “outperform.”
Long-Term Care Facilities: This industry moved up 3.13% by 10:30 am, with Skilled Healthcare Group Inc (NYSE: SKH) moving up 17.3% to gain the top spot. SKH reported upbeat Q3 results and lifted earnings guidance for the full year.
Wholesale, Other: The industry, which gained 2.86%, saw China Metro-Rural Holdings Limited (AMEX: CNR) as the top gainer. CNR's shares rose 1.7%.CNR's quarterly revenue advanced 38.60% y/y.
Read more from Benzinga's Markets.
