Worst Performing Industries For February 2, 2016

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The Dow fell 0.50 percent to 16,383.71, while the NASDAQ composite index dipped 0.37 percent to 4,596.71. The broader Standard & Poor's 500 index dropped 0.53 percent to 1,929.96. The worst performing industries in the market today are:
General Entertainment:
This industry declined 5 percent by 11:00 am with
SFX Entertainment IncSFXE
moving down 11.7 percent. SFX Entertainment shares have declined 97.95 percent over the past 52 weeks, while the S&P 500 index has dropped 5.40 percent in the same period.
Foreign Money Center Banks:
This industry fell 4.7 percent by 11:00 am ET.
UBS Group AG (USA) UBS
shares dropped 9.1 percent in today's trading. UBS Group's net profit for 2015 surged 79 percent year-over-year to CHF 6.2 billion.
Photographic Equipment & Supplies:
The industry dropped 4.3 percent by 11:00 am. The worst performer in this industry was
GoPro Inc
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GPRO
, which declined 4.9 percent. GoPro shares have dropped 79.73 percent over the past 52 weeks, while the S&P 500 index has slipped 5.40 percent in the same period.
Processing Systems & Products:
This industry slipped 3.6 percent by 11:00 am. The worst stock within the industry was
Plantronics Inc PLT
, which fell 20 percent. Plantronics reported better-than-expected third-quarter earnings, but the company's revenue missed analysts' expectations. The company announced a new 1 million share buyback plan and issued a weak earnings forecast for the fourth quarter.
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