The Dow dropped 0.21% to 17,136.82, while the NASDAQ composite index fell 0.12% to 4,522.30. The broader Standard & Poor's 500 index fell 0.19% to 1,990.57.
The worst performing industries in the market today are:
Long Distance Carriers:
This industry tumbled 1.20% by 11:00 am. The worst stock within the industry was Elephant Talk Communications ETAK, which fell 2.9%. Elephant Talk Communications' trailing-twelve-month ROE is -88.70%.
Cigarettes:
The industry dropped 0.91% by 11:00 am. The worst performer in this industry was British American Tobacco plc BTI, which declined 1.8%. British American Tobacco's PEG ratio is 2.28.
Movie Production, Theaters:
This industry declined 0.79% by 11:00 am, with Regal Entertainment Group RGC moving down 0.7%. Regal Entertainment shares have gained 6.64% over the past 52 weeks, while the S&P 500 index has jumped 17.49% in the same period.
Sporting Goods Stores:
This industry fell 0.72% by 11:00 am ET. Dick's Sporting Goods DKS shares dropped 1.1% in today's trading. William Blair downgraded Dick's Sporting from Outperform to Market Perform.
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