Top Performing Industries For May 26, 2016


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At 10:30 am, the Dow fell 0.10 percent to 17,834.32, the broader Standard & Poor's 500 index moved down 0.01 percent to 2,090.26 and the NASDAQ composite index rose 0.09 percent to 4,899.24. The industries that are supporting the market today are: Diversified Computer Systems:

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This industry gained 4.5 percent by 11:00 am. The top stock within the industry was HP Inc (NYSE: HPQ), which gained 6.2 percent. HP reported better-than-expected earnings for its latest quarter, but missed analysts' sales estimates. Metal Fabrication: This industry rose 3.5 percent by 10:30 am ET. The top performer in this industry was Tenaris SA (ADR)

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(NYSE: TS), which gained 2.1 percent. Tenaris shares have declined 8.66 percent over the past 52 weeks, while the S&P 500 index has dropped 1.43 percent in the same period. Computer Peripherals: The industry gained 1.8 percent by 10:30 am. The top performer in this industry was Stratasys, Ltd. (NASDAQ: SSYS), which gained 3.8 percent. Stratasys named IBM veteran, Tim Bohling as its Chief Marketing Officer. Movie Production, Theaters: This industry moved up 1.4 percent by 10:30 am. The top performer in this industry was Lions Gate Entertainment Corp. (USA) (NYSE: LGF), which rose 9 percent. Lions Gate reported stronger-than-expected results for the fourth quarter on Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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