Market Overview

Top Performing Industries For April 26, 2016

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At 10:30 am, the Dow fell 0.03 percent to 17,971.90, the broader Standard & Poor's 500 index moved up 0.13 percent to 2,090.43 and the NASDAQ composite index declined 0.04 percent to 4,893.99.

The industries that are supporting the market today are:

Semiconductor- Memory Chips: This industry gained 4.1 percent by 10:30 am. The top performer in this industry was Micron Technology, Inc. (NASDAQ: MU), which rose 7.5 percent. Micron shares have declined 63.61 percent over the past 52 weeks, while the S&P 500 index has slipped 1.28 percent in the same period.

Foreign Money Center Banks: This industry rose 2.5 percent by 10:30 am ET. The top performer in this industry was Lloyds Banking Group PLC (ADR) (NYSE: LYG), which gained 3.6 percent. Lloyds Banking shares have dropped 17.32 percent over the past 52 weeks, while the S&P 500 index has declined 1.28 percent in the same period.

Publishing - Periodicals: The industry gained 2.2 percent by 10:30 am. The top performer in this industry was Thomson Reuters Corp (NYSE: TRI), which gained 2.6 percent. Thomson Reuters reported better-than-expected Q1 profit.

Industrial Electrical Equipment: This industry moved up 1.9 percent by 10:30 am. The top performer in this industry was Nidec Corporation (ADR) (NYSE: NJ), which rose 5.7 percent.

Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

 

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