Worst Performing Industries For July 22, 2015

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The Dow fell 0.34 percent to 17,859.22, while the NASDAQ composite index slipped 0.79 percent to 5,167.06. The broader Standard & Poor's 500 index declined 0.26 percent to 2,113.62. The worst performing industries in the market today are:
Technology Hardware, Storage & Peripherals:
This industry declined 4.1 percent by 11:00 am with
Apple Inc.AAPL
moving down 4.8 percent. Apple reported better-than-expected results for the fourth quarter, but the company issued a weak revenue forecast for the fourth quarter. Apple sold 47.5 million iPhones in the latest quarter, up 35% versus the year-ago period.
Semiconductors & Semiconductor Equipment:
The industry dropped 2.4 percent by 11:00 am. The worst performer in this industry was
Cirrus Logic, Inc. CRUS
, which declined 8.1 percent. Cirrus Logic is expected to post its Q1 earnings after the closing bell.
Metals & Mining:
This industry tumbled 1.6 percent by 11:00 am. The worst stock within the industry was
Cliffs Natural Resources Inc
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CLF
, which fell 13 percent. Cliffs is estimated to announce 2Q15 results on July 29, 2015.
Diversified Telecommunication Services:
This industry fell 1.1 percent by 11:00 am ET.
Internet Gold Golden Lines Ltd IGLD
shares dropped 6.4 percent in today's trading. Internet Gold Golden Lines shares have dropped 28.34 percent over the past 52 weeks, while the S&P 500 index has gained 6.65 percent in the same period.
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