Market Overview

Worst Performing Industries For January 4, 2016

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The Dow fell 2.45 percent to 16,998.48, while the NASDAQ composite index slipped 2.89 percent to 4,862.66. The broader Standard & Poor's 500 index dropped 2.36 percent to 1,995.79.

The worst performing industries in the market today are:

Catalog & Mail Order Houses: This industry declined 5.4 percent by 11:00 am with Baozun Inc (ADR) (NASDAQ: BZUN) moving down 8.9 percent. Baozun's trailing-twelve-month ROE is 2.03 percent.

Movie Production, Theaters: The industry dropped 4.7 percent by 11:00 am. The worst performer in this industry was Dreamworks Animation Skg Inc (NASDAQ: DWA), which declined 8.3 percent. B Riley downgraded Dreamworks Animation to Neutral.

Internet Software & Services: This industry slipped 4.1 percent by 11:00 am. The worst stock within the industry was NetEase Inc (ADR) (NASDAQ: NTES), which fell 6 percent. NetEase shares have jumped 83.42 percent over the past 52 weeks, while the S&P 500 index has declined 0.69 percent in the same period.

Office Supplies: This industry fell 3.9 percent by 11:00 am ET. ACCO Brands Corporation (NYSE: ACCO) shares dropped 5.4 percent in today's trading.

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

 

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