At 10:30 am, the Dow dropped 0.96 percent to 16,158.93, the broader Standard & Poor's 500 index moved down 1.20 percent to 1,908.27 and the NASDAQ composite index fell 1.47 percent to 4,617.67.
The industries that are still afloat in the market today are:
Aluminum: This industry jumped 0.38 percent by 10:30 am. The top performer in this industry was
Alcoa Inc(NYSE:
AA), which rose 4.5 percent. Alcoa announced its plans to split into two companies.
Cigarettes: This industry rose 0.32 percent by 10:30 am ET. The top performer in this industry was
Altria Group Inc (NYSE:
MO), which gained 1.1 percent. Altria Group's trailing-twelve-month operating margin is 44.88 percent.
Communication Equipment: This industry moved up 0.26 percent by 10:30 am. The top performer in this industry was
Turtle Beach Corp (NASDAQ:
HEAR), which rose 28 percent. Analysts at Oppenheimer initiated coverage on Turtle Beach with a Outperform rating.
Grocery Stores: The industry gained 0.19 percent by 10:30 am. The top performer in this industry was
Ingles Markets, Incorporated (NASDAQ:
IMKTA), which gained 1.5 percent. Ingles Markets' PEG ratio is 0.89
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