Worst Performing Industries For October 20, 2014

The Dow tumbled 0.24% to 16,341.36, while the NASDAQ composite index rose 0.52% to 4,280.56. The broader Standard & Poor's 500 index gained 0.26% to 1,891.68. The worst performing industries in the market today are: Networking & Communication Devices: The industry dropped 1.7% by 11:00 am. The worst performer in this industry was Cisco Systems CSCO, which declined 22%. Cisco shares have gained 1.40% over the past 52 weeks, while the S&P 500 index has surged 8.14% in the same period. Diversified Computer Systems: This industry fell 1.54% by 11:00 am ET. Hewlett-Packard Company HPQ shares dropped 1.9% in today's trading. IBM reported downbeat quarterly earnings. Application Software: This industry tumbled 1.24% by 11:00 am. The worst stock within the industry was One Horizon Group OHGI, which fell 2%. One Horizon Group's trailing-twelve-month ROE is 1.98%. Foreign Utilities: This industry declined 0.70% by 11:00 am, with CPFL Energia SA CPL moving down 3%. CPFL Energia's PEG ratio is 2.53.