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Market Overview

Top Performing Industries For February 3, 2015

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At 10:30 am, the Dow climbed 1.05% to 17,544.10, the broader Standard & Poor's 500 index moved up 0.78% to 2,036.51 and the NASDAQ composite index gained 0.49% to 4,699.80.

The industries that are driving the market today are:

Synthetics: This industry moved up 3.8% by 10:30 am. The top performer in this industry was Tronox Limited (NYSE: TROX), which gained 8.1%. Tronox is close to a deal to acquire FMC soda-ash unit for more than $1.5 billion, according to sources -Wall Street Journal.

Farm & Construction Machinery: This industry rose 3.6% by 10:30 am ET. The top performer in this industry was Titan International Inc. (NYSE: TWI), which gained 4.6%. Titan International shares have dropped 44.42% over the past 52 weeks, while the S&P 500 index has surged 15.14% in the same period.

Wholesale, Other: The industry gained 3.1% by 10:30 am. The top performer in this industry was United Stationers Inc. (NASDAQ: USTR), which gained 3.1%. United Stationers is expected to report Q4 results on February 16, 2015, after the closing bell.

Regional - Southwest Banks: This industry jumped 2.6% by 10:30 am. The top performer in this industry was Texas Capital BancShares Inc. (NASDAQ: TCBI), which rose 5.3%. Texas Capital BancShares' PEG ratio is 1.03.

 

Related Articles (TWI + TROX)

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Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

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