Market Overview

Top Performing Industries For May 26, 2016

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At 10:30 am, the Dow fell 0.10 percent to 17,834.32, the broader Standard & Poor's 500 index moved down 0.01 percent to 2,090.26 and the NASDAQ composite index rose 0.09 percent to 4,899.24.

The industries that are supporting the market today are:

Diversified Computer Systems: This industry gained 4.5 percent by 11:00 am. The top stock within the industry was HP Inc (NYSE: HPQ), which gained 6.2 percent. HP reported better-than-expected earnings for its latest quarter, but missed analysts' sales estimates.

Metal Fabrication: This industry rose 3.5 percent by 10:30 am ET. The top performer in this industry was Tenaris SA (ADR) (NYSE: TS), which gained 2.1 percent. Tenaris shares have declined 8.66 percent over the past 52 weeks, while the S&P 500 index has dropped 1.43 percent in the same period.

Computer Peripherals: The industry gained 1.8 percent by 10:30 am. The top performer in this industry was Stratasys, Ltd. (NASDAQ: SSYS), which gained 3.8 percent. Stratasys named IBM veteran, Tim Bohling as its Chief Marketing Officer.

Movie Production, Theaters: This industry moved up 1.4 percent by 10:30 am. The top performer in this industry was Lions Gate Entertainment Corp. (USA) (NYSE: LGF), which rose 9 percent. Lions Gate reported stronger-than-expected results for the fourth quarter on Wednesday.

Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

 

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