Market Overview

Top Performing Industries For July 20, 2016

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At 10:30 am, the Dow rose 0.17 percent to 18,590.20, the broader Standard & Poor's 500 index moved up 0.32 percent to 2,170.66 and the NASDAQ composite index climbed 0.79 percent to 5,076.36.

The industries that are driving the market today are:

  • Business Software & Services: This industry gained 2.7 percent by 11:00 am. The top stock within the industry was Descartes Systems Group Inc (USA) (NASDAQ: DSGX), which gained 2 percent. Descartes Systems shares have climbed 22.78 percent over the past 52 weeks, while the S&P 500 index has gained 1.67 percent in the same period.
  • General Entertainment: This industry rose 1.9 percent by 10:30 am ET. The top performer in this industry was Intrawest Resorts Holdings Inc (NYSE: SNOW), which gained 3.3 percent. Intrawest Resorts shares have surged 29.13 percent over the past 52 weeks, while the S&P 500 index has gained 1.67 percent in the same period.
  • Foreign Money Center Banks: The industry gained 1.6 percent by 10:30 am. The top performer in this industry was Lloyds Banking Group PLC (ADR) (NYSE: LYG), which gained 3.2 percent. Lloyds shares have dropped 46.84 percent over the past 52 weeks, while the S&P 500 index has gained 1.67 percent in the same period.
  • Networking & Communication Devices: This industry moved up 1.5 percent by 10:30 am. The top performer in this industry was Cisco Systems, Inc. (NASDAQ: CSCO), which rose 2.1 percent. Cisco is projected to release quarterly financial results on August 17, 2016.

Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

 

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