Worst Performing Industries For May 3, 2016

The Dow fell 0.95 percent to 17,721.12, while the NASDAQ composite index declined 1.09 percent to 4,764.98. The broader Standard & Poor's 500 index dropped 1.02 percent to 2,060.18. The worst performing industries in the market today are: Foreign Money Center Banks: This industry slipped 3.5 percent by 11:00 am. The worst stock within the industry was UBS Group AG (USA) UBS, which fell 7.3 percent. UBS posted Q1 adjusted profit before tax of CHF 1,366 million. Foreign Utilities: This industry declined 3.5 percent by 11:00 am with CPFL Energia S.A. (ADR) CPL moving down 3.3 percent. CPFL Energia shares have dropped 18.19 percent over the past 52 weeks, while the S&P 500 index has declined 0.38 percent in the same period. Investment Brokerage - Regional: This industry fell 3.3 percent by 11:00 am ET. Stifel Financial Corp SF shares dropped 4.2 percent in today's trading. Stifel Financial is scheduled to release its Q1 financial results on May 9, 2016. Cement: The industry dropped 3.1 percent by 11:00 am. The worst performer in this industry was Cemex SAB de CV (ADR) CX, which declined 3.9 percent. Cemex shares have tumbled 23.64 percent over the past 52 weeks, while the S&P 500 index has dropped 0.38 percent in the same period.