Market Overview

Worst Performing Industries For July 31, 2015

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The Dow fell 0.33 percent to 17,688.19, while the NASDAQ composite index rose 0.07 percent to 5,132.07. The broader Standard & Poor's 500 index dropped 0.16 percent to 2,105.35.

The worst performing industries in the market today are:

Construction & Engineering: This industry declined 3.1 percent by 3:00 pm with Fluor Corporation (NEW) (NYSE: FLR) moving down 6.5 percent. Fluor reported weaker-than-expected results for the second quarter.

Oil, Gas & Consumable Fuels: The industry dropped 2.3 percent by 3:00 pm. The worst performer in this industry was Solazyme Inc (NASDAQ: SZYM), which declined 21 percent. Solazyme reported weaker-than-expected Q2 results.

Metals & Mining: This industry tumbled 0.7 percent by 3:00 pm. The worst stock within the industry was Nevsun Resources (USA) (NYSE: NSU), which fell 6.1 percent. Nevsun reported downbeat Q2 earnings.

Textiles, Apparel & Luxury Goods: This industry fell 0.5 percent by 3:00 pm ET. Hanesbrands Inc. (NYSE: HBI) shares dropped 9.7 percent in today's trading. Hanesbrands reported downbeat Q2 sales and lowered its FY15 sales forecast.

 

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