Top Performing Industries For February 25, 2015
The Dow dropped 0.02% to 18,205.90, while the NASDAQ composite index rose 0.06% to 4,970.89. The broader Standard & Poor's 500 index declined 0.07% to 2,113.93.
The industries that are driving the market today are:
Auto Parts Wholesale: This industry rose 4.8% by 10:30 am ET. The top performer in this industry was Magna International Inc. (NYSE: MGA), which gained 7.7%. Magna reported stronger-than-expected earnings for the fourth quarter. The company's board also approved a 2-for-1 stock split and lifted its quarterly dividend by 16% to $0.44 per share from $0.38 per share.
Specialized Health Services: The industry gained 1.5% by 10:30 am. The top performer in this industry was Healthways Inc. (NASDAQ: HWAY), which gained 7.6%. Healthways reported upbeat Q4 earnings.
Consumer Services: This industry moved up 1.1% by 10:30 am. The top performer in this industry was EnviroStar, Inc. (NYSE: EVI), which gained 4.2%. EnviroStar shares have dropped 28.79% over the past 52 weeks, while the S&P 500 index has gained 14.65% in the same period.
Cleaning Products: This industry jumped 0.9% by 10:30 am. The top performer in this industry was Ecolab Inc. (NYSE: ECL), which rose 1.4%. On Tuesday, Ecolab reported in-line Q4 earnings and announced a $1 billion buyback plan.
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