Market Overview

Worst Performing Industries For February 11, 2016

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The Dow fell 1.53 percent to 15,670.66, while the NASDAQ composite index dropped 0.94 percent to 4,243.25. The broader Standard & Poor's 500 index fell 1.37 percent to 1,826.42.

The worst performing industries in the market today are:

Investment Brokerage - Regional: This industry declined 3.9 percent by 11:00 am with Raymond James Financial, Inc. (NYSE: RJF) moving down 4.4 percent. Raymond James Financial shares have dropped 27.10 percent over the past 52 weeks, while the S&P 500 index has declined 11.33 percent in the same period.

Foreign Regional Banks: This industry fell 3.3 percent by 11:00 am ET. Woori Bank American Depositary Shares (NYSE: WF) shares dropped 5.4 percent in today's trading. Woori Bank shares have slipped 9.87 percent over the past 52 weeks, while the S&P 500 index has dropped 11.33 percent in the same period.

Publishing - Periodicals: The industry dropped 2.8 percent by 11:00 am. The worst performer in this industry was Time Inc (NYSE: TIME), which declined 6.3 percent. Time reported Q4 earnings of $0.58 per share on revenue of $877 million. The company also announced the acquisition of Viant.

Foreign Money Center Banks: This industry slipped 2.7 percent by 11:00 am. The worst stock within the industry was Credit Suisse Group AG (ADR) (NYSE: CS), which fell 5.8 percent.

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

 

Related Articles (CS + RJF)

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