Market Overview

Worst Performing Industries For June 18, 2015

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The Dow climbed 0.86 percent to 18,089.64, while the NASDAQ composite index rose 1.03 percent to 5,117.07. The broader Standard & Poor's 500 index gained 0.72 percent to 2,115.52.

The worst performing industries in the market today are:

Application Software: This industry declined 2 percent by 11:00 am with Oracle Corporation (NYSE: ORCL) moving down 8.2 percent. Oracle reported weaker-than-expected results for its fiscal fourth quarter.

Industrial Metals & Minerals: The industry dropped 0.5 percent by 11:00 am. The worst performer in this industry was Uranium Energy Corp. (NYSE: UEC), which declined 6 percent. Uranium Energy shares have jumped 47.73 percent over the past 52 weeks, while the S&P 500 index has gained 7.19 percent in the same period.

Industrial Equipment & Components: This industry tumbled 0.25 percent by 11:00 am. The worst stock within the industry was Omega Flex, Inc. (NASDAQ: OFLX), which fell 2.3 percent. Omega Flex's trailing-twelve-month EPS is $1.43.

Oil & Gas Equipment & Services: This industry fell 0.2 percent by 11:00 am ET. Key Energy Services, Inc. (NYSE: KEG) shares dropped 5.1 percent in today's trading. Key Energy Services' trailing-twelve-month operating margin is -9.57 percent.

 

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