Market Overview

Worst Performing Industries For June 24, 2016

Share:


The Dow fell 2.16 percent to 17,621.82, while the NASDAQ composite index slipped 2.72 percent to 4,776.39. The broader Standard & Poor's 500 index dropped 2.34 percent to 2,063.88.

The worst performing industries in the market today are:

  • Foreign Money Center Banks: This industry slipped 13.7 percent by 11:00 am. The worst stock within the industry was Lloyds Banking Group PLC (ADR) (NYSE: LYG), which fell 25 percent. Lloyds Banking shares have dropped 21.38 percent over the past 52 weeks, while the S&P 500 index has gained 0.56 percent in the same period.
  • Cement: This industry declined 9.9 percent by 11:00 am with Cemex SAB de CV (ADR) (NYSE: CX) moving down 11 percent. Cemex shares have declined 25.56 percent over the past 52 weeks, while the S&P 500 index has gained 0.56 percent in the same period.
  • Investment Brokerage - Regional: This industry fell 7.3 percent by 11:00 am ET. Stifel Financial Corp (NYSE: SF) shares dropped 7.6 percent in today's trading. Stifel Financial shares have tumbled 38.90 percent over the past 52 weeks, while the S&P 500 index has gained 0.56 percent in the same period.
  • Diversified Communication Services: The industry dropped 6.1 percent by 11:00 am. The worst performer in this industry was Telecom Italia SpA (ADR) (NYSE: TI), which declined 17.5 percent.

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

 

Related Articles (CX + LYG)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

U.S. Senators Say Time Warner Cable Overbilled Customers $640,000

What Analysts Think Central Banks Will Do Following Brexit