Market Overview

Worst Performing Industries For September 17, 2015

Share:

The Dow rose 0.01 percent to 16,742.19, while the NASDAQ composite index surged 0.17 percent to 4,897.75. The broader Standard & Poor's 500 index gained 0.01 percent to 1,995.56.

The worst performing industries in the market today are:

Cement: This industry declined 2.4 percent by 11:00 am with Cemex SAB de CV (ADR) (NYSE: CX) moving down 3 percent. Cemex's trailing-twelve-month ROE is -2.14 percent.

Telecom Services - Domestic: The industry dropped 1.7 percent by 11:00 am. The worst performer in this industry was Verizon Communications Inc. (NYSE: VZ), which declined 2.9 percent. Verizon said that 2016 earnings could "plateau" at 2015 levels.

Drug Stores: This industry tumbled 1.3 percent by 11:00 am. The worst stock within the industry was Rite Aid Corporation (NYSE: RAD), which fell 10 percent. Rite Aid reported downbeat earnings for the second quarter and issued a weak forecast.

Electronic Equipment: This industry fell 1.2 percent by 11:00 am ET. Koss Corporation (NASDAQ: KOSS) shares dropped 2.4 percent in today's trading. Koss shares have jumped 18.05 percent over the past 52 weeks, while the S&P 500 index has slipped 0.31 percent in the same period.

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

 

Related Articles (KOSS + CX)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Ahead Of The Fed, Investors Ditch Utilities ETFs

Apple's Latest iOS Update Takes Out Advertisers, Draws In Revenue In One Fell Swoop