Market Overview

Worst Performing Industries For July 7, 2015

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The Dow fell 0.85 percent to 17,533.83, while the NASDAQ composite index slipped 1.37 percent to 4,923.65. The broader Standard & Poor's 500 index slipped 0.80 percent to 2,052.22.

The worst performing industries in the market today are:

Internet Service Providers: This industry declined 9 percent by 11:00 am with TrueCar Inc (NASDAQ: TRUE) moving down 3 percent. TrueCar's trailing-twelve-month ROE is -25.66 percent.

Silver: The industry dropped 6.3 percent by 11:00 am. The worst performer in this industry was Coeur Mining Inc (NYSE: CDE), which declined 9.4 percent. Silver futures fell 5.86 percent to $14.83 an ounce.

Nonmetallic Mineral Mining: This industry tumbled 5.4 percent by 11:00 am. The worst stock within the industry was SinoCoking Coal and Coke Chem Ind, Inc. (NASDAQ: SCOK), which fell 21 percent. SinoCoking shares have surged 12.50 percent over the past 52 weeks, while the S&P 500 index has gained 5.35 percent in the same period.

Internet Software & Services: This industry fell 4.2 percent by 11:00 am ET. Renren Inc (NYSE: RENN) shares dropped 14 percent in today's trading. Renren's trailing-twelve-month EPS is -$0.01.

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

 

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