Worst Performing Industries For July 22, 2015

The Dow fell 0.34 percent to 17,859.22, while the NASDAQ composite index slipped 0.79 percent to 5,167.06. The broader Standard & Poor's 500 index declined 0.26 percent to 2,113.62.The worst performing industries in the market today are: Technology Hardware, Storage & Peripherals: This industry declined 4.1 percent by 11:00 am with Apple Inc. (NASDAQ: AAPL) moving down 4.8 percent. Apple reported better-than-expected results for the fourth quarter, but the company issued a weak revenue forecast for the fourth quarter. Apple sold 47.5 million iPhones in the latest quarter, up 35% versus the year-ago period. Semiconductors & Semiconductor Equipment: The industry dropped 2.4 percent by 11:00 am. The worst performer in this industry was Cirrus Logic, Inc. (NASDAQ: CRUS), which declined 8.1 percent. Cirrus Logic is expected to post its Q1 earnings after the closing bell. Metals & Mining: This industry tumbled 1.6 percent by 11:00 am. The worst stock within the industry was Cliffs Natural Resources Inc (NYSE: CLF), which fell 13 percent. Cliffs is estimated to announce 2Q15 results on July 29, 2015. Diversified Telecommunication Services: This industry fell 1.1 percent by 11:00 am ET. Internet Gold Golden Lines Ltd (NASDAQ: IGLD) shares dropped 6.4 percent in today's trading. Internet Gold Golden Lines shares have dropped 28.34 percent over the past 52 weeks, while the S&P 500 index has gained 6.65 percent in the same period.