Market Overview

Worst Performing Industries For May 4, 2015

Related ENI
The Market in 5 Minutes: Can The Momentum Continue?
Worst Performing Industries For December 24, 2015
Related CEVA
10 Stocks That Rallied Three Days On No News
11 Stocks Which Rallied Three Days On Increasing Volume

The Dow climbed 0.45 percent to 18,105.17, while the NASDAQ composite index rose 0.52 percent to 5,031.28. The broader Standard & Poor's 500 index gained 0.45 percent to 2,117.75.

The worst performing industries in the market today are:

Foreign Utilities: The industry dropped 1.1 percent by 11:00 am. The worst performer in this industry was Enersis SA (ADR) (NYSE: ENI), which declined 1.5 percent. Enersis' trailing-twelve-month EPS is $1.00.

Semiconductor - Specialized: This industry tumbled 0.4 percent by 11:00 am. The worst stock within the industry was CEVA, Inc. (NASDAQ: CEVA), which fell 2.9 percent. CEVA reported Q1 earnings of $0.08 per share on revenue of $13.8 million.

Foreign Money Center Banks: This industry fell 0.3 percent by 11:00 am ET. Westpac Banking Corp (ADR) (NYSE: WBK) shares dropped 3.2 percent in today's trading. Westpac Banking reported cash earnings of A$3.78 billion for the first half for the year. Goldman Sachs downgraded Westpac Banking from Buy to Neutral.

Semiconductor - Integrated Circuits: This industry declined 0.2 percent by 11:00 am with Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE: TSM) moving down 1.4 percent. Taiwan Semiconductor shares have jumped 25.84 percent over the past 52 weeks, while the S&P 500 index has gained 11.87 percent in the same period.

Posted-In: Worst Performing IndustriesNews Movers & Shakers Intraday Update Markets


Related Articles (CEVA + ENI)

View Comments and Join the Discussion!