Top Performing Industries For June 6, 2016
At 10:30 am, the Dow rose 0.58 percent to 17,909.55, the broader Standard & Poor's 500 index moved up 0.45 percent to 2,108.49 and the NASDAQ composite index gained 0.39 percent to 4,961.57.
The industries that are driving the market today are:
Synthetics: This industry gained 2.3 percent by 11:00 am. The top stock within the industry was Axiall Corp (NYSE: AXLL), which gained 2 percent. Axiall shares have dropped 35.80 percent over the past 52 weeks, while the S&P 500 index has gained 0.95 percent in the same period.
Regional - Southwest Banks: This industry rose 1.7 percent by 10:30 am ET. The top performer in this industry was Cullen/Frost Bankers, Inc. (NYSE: CFR), which gained 2.7 percent. Cullen/Frost Bankers shares have declined 13.58 percent over the past 52 weeks, while the S&P 500 index has gained 0.95 percent in the same period.
Investment Brokerage - Regional: The industry gained 1.7 percent by 10:30 am. The top performer in this industry was Stifel Financial Corp (NYSE: SF), which gained 2.5 percent. Stifel Financial's PEG ratio is 1.86.
Building Materials Wholesale: This industry moved up 1.6 percent by 10:30 am. The top performer in this industry was Louisiana-Pacific Corporation (NYSE: LPX), which rose 1.9 percent.
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