Market Overview

Top Performing Industries For March 15, 2016

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At 10:30 am, the Dow fell 0.23 percent to 17,189.86, the broader Standard & Poor's 500 index moved down 0.47 percent to 2,010.11 and the NASDAQ composite index declined 0.55 percent to 4,724.19.

The industries that are still afloat in the market today are:

Electronic Equipment: This industry gained 1.7 percent by 10:30 am. The top performer in this industry was Apple Inc.(NASDAQ: AAPL), which rose 1.9 percent. Morgan Stanley maintained an Overweight rating for Apple, with a price target of $135.

Appliances: This industry rose 1.5 percent by 10:30 am ET. The top performer in this industry was Whirlpool Corporation (NYSE: WHR), which gained 1.7 percent. JP Morgan upgraded Whirlpool from Neutral to Overweight and raised the price target from $155.00 to $205.00.

Home Improvement Stores: The industry gained 0.7 percent by 10:30 am. The top performer in this industry was Lowe's Companies, Inc. (NYSE: LOW), which gained 1.1 percent. Lowe's PEG ratio is 1.07.

Processed & Packaged Goods: This industry moved up 0.5 percent by 10:30 am. The top performer in this industry was Omega Protein Corporation (NYSE: OME), which rose 1.3 percent. Omega Protein shares have surged 37.56 percent over the past 52 weeks, while the S&P 500 index has dropped 2.63 percent in the same period.

Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

 

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