Market Overview

I think you’ll love what you hear,
what you’ll see and the opportunities
that will be set before you.
- Jon Najarian
GET TICKETS

Worst Performing Industries For March 24, 2016

Share:

The Dow fell 0.45 percent to 17,424.07, while the NASDAQ composite index declined 0.17 percent to 4,760.98. The broader Standard & Poor's 500 index dropped 0.53 percent to 2,025.92.

The worst performing industries in the market today are:

Investment Brokerage - Regional: This industry slipped 2.5 percent by 11:00 am. The worst stock within the industry was Stifel Financial Corp (NYSE: SF), which fell 2.6 percent. Stifel Financial shares have dipped 47.30 percent over the past 52 weeks, while the S&P 500 index has dropped 0.95 percent in the same period.

Foreign Regional Banks: This industry declined 2 percent by 11:00 am with Bancolombia SA (ADR) (NYSE: CIB) moving down 3.7 percent. Bancolombia's PEG ratio is 4.51.

Foreign Money Center Banks: This industry fell 1.9 percent by 11:00 am ET. Westpac Banking Corp (ADR) (NYSE: WBK) shares dropped 3.9 percent in today's trading. Westpac Banking shares have tumbled 20.97 percent over the past 52 weeks, while the S&P 500 index has declined 0.95 percent in the same period.

Regional Airlines: The industry dropped 1.9 percent by 11:00 am. The worst performer in this industry was Gol Linhas Aereas Inteligentes SA (ADR) (NYSE: GOL), which declined 5.8 percent.

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

 

Related Articles (CIB + GOL)

View Comments and Join the Discussion!

Pandora Sale, Rovi-TiVo? 2 M&A Rumors Circling The Street

What Was So Bad About Results Of Portola's APEX Trial For Betrixaban?