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The Dow dropped 0.92% to 17,452.30, while the NASDAQ composite index fell 0.40% to 4,643.01. The broader Standard & Poor's 500 index slipped 0.68% to 2,009.34.
The worst performing industries in the market today are:
Semiconductor- Memory Chips:
This industry fell 5.23% by 11:00 am ET.
Spansion Inc. CODE shares dropped 2.5% in today's trading. Spansion's trailing-twelve-month ROE is -12.65%.
Copper:
This industry tumbled 3.96% by 11:00 am. The worst stock within the industry was
Freeport-McMoRan Inc.FCX, which fell 10.3%. Copper futures fell 4.35% to trade at $2.53.
Auto Parts Wholesale:
This industry declined 3.46% by 11:00 am with
Magna International Inc.MGA moving down 5.9%. Magna projected FY2015 sales of $34.40 billion to $36.10 billion.
Synthetics:
The industry dropped 2.56% by 11:00 am. The worst performer in this industry was
Trinseo SATSE, which declined 3.4%. Trinseo's trailing-twelve-month EPS is -$0.67.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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