Market Overview

Worst Performing Industries For July 16, 2014

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The Dow gained 0.21% to 17,095.72, while the NASDAQ composite index surged 0.27% to 4,428.49. The broader Standard & Poor's 500 index rose 0.22% to 1,977.59.

The worst performing industries in the market today are:

Semiconductor - Integrated Circuits:

This industry tumbled 2.22% by 10:55 am. The worst stock within the industry was Camtek (NASDAQ: CAMT), which fell 3%. Camtek's trailing-twelve-month profit margin is 1.69%.

Sporting Goods Stores:

This industry fell 1.48% by 10:55 am ET. Hibbett Sports, (NASDAQ: HIBB) shares dropped 2.3% in today's trading. Hibbett shares have dropped 4.60% over the past 52 weeks, while the S&P 500 index has surged 17.39% in the same period.

Diagnostic Substances:

The industry dropped 1.14% by 10:55 am. The worst performer in this industry was Venaxis (NASDAQ: APPY), which declined 8.7%. Venaxis updated on recent activities concerning its FDA submission for the APPY1 Test.

Regional - Pacific Banks:

This industry moved down 0.84% by 10:55 am, with Westamerica Bancorp (NASDAQ: WABC) moving down 2.4%. On Tuesday, Westamerica Bancorp reported in-line Q2 earnings.

Posted-In: Worst Performing IndustriesNews Movers & Shakers Intraday Update Markets

 

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