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At 10:30 am, the Dow dropped 0.31 percent to 17,677.70, the broader Standard & Poor's 500 index moved down 0.33 percent to 2,095.15 and the NASDAQ composite index slipped 0.13 percent to 5,139.57.
The industries that are still afloat in the market today are:
Internet & Catalog Retail: This industry moved up 8 percent by 10:30 am. The top performer in this industry was
Amazon.com, Inc.AMZN, which gained 15 percent. Amazon reported upbeat earnings for its second quarter.
Road & Rail: The industry gained 1.4 percent by 10:30 am. The top performer in this industry was
P.A.M. Transportation Services, Inc. PTSI, which gained 2.7 percent. On Thursday, PAM Transportation Services reported Q2 earnings of $0.94 per share and operating sales of $108.033 million.
Communications Equipment: This industry rose 1.2 percent by 10:30 am ET. The top performer in this industry was
NetGear, Inc.NTGR, which gained 16 percent. Netgear reported quarterly earnings of $0.29 per share and announced a 3 million share buyback plan.
IT Services: This industry jumped 1.1 percent by 10:30 am. The top performer in this industry was
Visa Inc V, which rose 5.4 percent. Visa reported stronger-than-expected results for its fiscal third quarter.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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