At 10:02 am, the Dow gained 0.55% to 12,236.41, the broader Standard & Poor's 500 index moved up 0.43% to 1,326.78 and the NASDAQ composite index rose 0.05% to 2,786.13.
The industries that are supporting the market today are:
Specialty Eateries: This industry jumped 4.17% by 10:02 am. The top stock within the industry was Starbucks Corporation (NASDAQ: SBUX), which rose 4%. Analysts at Morgan Stanley upgraded SBUX from “equal weight” to “overweight.”
Data Storage Devices: This industry rose 2.21% by 10:02 am ET. The top performer in this industry was Western Digital Corporation (NYSE: WDC), which gained 18.2%. WDC announced its plans to purchase Hitachi Global Storage Technologies (NYSE: HIT) for $4.3 billion in cash and stock.
Recreational Vehicles: This industry moved up 2.20% by 10:02 am, with Harley-Davidson Inc (NYSE: HOG) moving up 3.9% to gain the top spot. HOG's trailing-twelve-month revenue is $4.86 billion.
Silver: The industry, which gained 2.01%, saw Endeavour Silver Corporation (AMEX: EXK) as the top gainer. EXK's shares rose 8.8%. EXK shares have jumped 151.75% over the past 52 weeks, while the S&P 500 index has gained 16.02% in the same period.
Read more from Benzinga's Markets.
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