Worst Performing Industries For October 21, 2014

The Dow surged 0.58% to 16,494.35, while the NASDAQ composite index rose 1.58% to 4,384.29. The broader Standard & Poor's 500 index gained 1.20% to 1,926.76. The worst performing industries in the market today are: Nonmetallic Mineral Mining: The industry dropped 0.74% by 11:05 am. The worst performer in this industry was Rhino Resource Partners LP RNO, which declined 57%. Rhino Resource lowered its Q3 distribution to $0.05 per unit from $0.445 per unit. Raymond James downgraded Rhino Resource Partners from Outperform to Underperform. Foreign Regional Banks: This industry fell 0.56% by 11:05 am ET. Banco Bradesco S.A. BBD shares dropped 5% in today's trading. Banco Bradesco shares have dropped 0.80% over the past 52 weeks, while the S&P 500 index has gained 9.13% in the same period. Information Technology Services: This industry tumbled 0.44% by 11:05 am. The worst stock within the industry was International Business Machines IBM, which fell 4%. Bank of America lowered the price target on IBM from $200.00 to $185.00. Specialty Eateries: This industry declined 0.19% by 11:05 am, with Potbelly PBPB moving down 1%. Potbelly's PEG ratio is 2.77.
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