Market Overview

Top Performing Industries For April 14, 2016

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At 10:30 am, the Dow rose 0.04 percent to 17,915.37, the broader Standard & Poor's 500 index moved down 0.03 percent to 2,081.86 and the NASDAQ composite index declined 0.09 percent to 4,942.76.

The industries that are supporting the market today are:

Computer Peripherals: This industry gained 6.7 percent by 10:30 am. The top performer in this industry was 3D Systems Corporation (NYSE: DDD), which rose 14.5 percent. BofA Merrill Lynch upgraded 3D Systems from Underperform to Buy, while raising the price objective from $11 to $26.

Regional Airlines: This industry rose 1 percent by 10:30 am ET. The top performer in this industry was JetBlue Airways Corporation (NASDAQ: JBLU), which gained 2 percent. JetBlue's PEG ratio is 0.26.

Biotechnology: The industry gained 0.7 percent by 10:30 am. The top performer in this industry was Synta Pharmaceuticals Corp. (NASDAQ: SNTA), which gained 70 percent. Synta Pharmaceuticals announced plans to merge with privately-held Madrigal Pharmaceuticals.

Cigarettes: This industry moved up 0.6 percent by 10:30 am. The top performer in this industry was Reynolds American, Inc. (NYSE: RAI), which rose 1.1 percent.

Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

 

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