Market Overview

Worst Performing Industries For May 31, 2016

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The Dow fell 0.28 percent to 17,823.57, while the NASDAQ composite index climbed 0.10 percent to 4,938.58. The broader Standard & Poor's 500 index fell 0.03 percent to 2,098.35.

The worst performing industries in the market today are:

Long Distance Carriers: This industry slipped 1 percent by 11:00 am. The worst stock within the industry was Elephant Talk Communications Corp (NYSE: ETAK), which fell 2.6 percent. Elephant Talk Communications shares have dropped 52.63 percent over the past 52 weeks, while the S&P 500 index has declined 0.60 percent in the same period.

Regional Airlines: This industry declined 0.6 percent by 11:00 am with Hawaiian Holdings, Inc. (NASDAQ: HA) moving down 2.5 percent. Hawaiian Holdings shares have surged 68.69 percent over the past 52 weeks, while the S&P 500 index has slipped 0.60 percent in the same period.

Appliances: This industry fell 0.5 percent by 11:00 am ET. Whirlpool Corporation (NYSE: WHR) shares dropped 0.6 percent in today's trading. RBC Capital reiterated Whirlpool as Top Pick.

Movie Production, Theaters: The industry dropped 0.4 percent by 11:00 am. The worst performer in this industry was Regal Entertainment Group (NYSE: RGC), which declined 2 percent.

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

 

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