Top Performing Industries For June 24, 2014

Loading...
Loading...
At 10:35 am, the Dow gained 0.16% to 16,964.97, the broader Standard & Poor's 500 index moved up 0.24% to 1,967.30 and the NASDAQ composite index rose 0.65% to 4,397.17. The industries that are driving the market today are: Semiconductor- Memory Chips: This industry rose 3.07% by 10:35 am ET. The top performer in this industry was Micron Technology
MU
, which gained 4.4%. Micron reported better-than-expected fiscal third-quarter earnings. Micron posted its adjusted earnings of $0.79 per share, beating analysts' estimates of $0.69 per share. Internet Service Providers: The industry gained 2.65% by 10:35 am. The top performer in this industry was Qihoo 360 Technology Co
QIHU
, which gained 3.5%. Qihoo 360's PEG ratio is 0.90. Electronics Stores: This industry moved up 1.45% by 10:35 am. The top performer in this industry was Best Buy Co
BBY
, which gained 2.5%. Morgan Stanley initiated coverage on Best Buy with a Buy rating and a $36.00 price target. Diagnostic Substances: This industry jumped 1.05% by 10:35 am. The top performer in this industry was IDEXX Laboratories
IDXX
, which rose 2.1%. Canaccord Genuity upgraded IDEXX from Hold to Buy and raised the price target from $116.00 to $148.00.
Posted In: NewsIntraday UpdateMarketsMoversTop Performing Industries
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...