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Market Overview

Top Performing Industries For July 22, 2016

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At 10:30 am, the Dow rose 0.05 percent to 18,526.75, the broader Standard & Poor's 500 index moved up 0.22 percent to 2,169.88 and the NASDAQ composite index climbed 0.31 percent to 5,089.57.

The industries that are driving the market today are:

  • Long Distance Carriers: This industry gained 4.4 percent by 11:00 am. The top stock within the industry was General Communication, Inc. (NASDAQ: GNCMA), which gained 6.3 percent. General Communication shares have declined 16.91 percent over the past 52 weeks, while the S&P 500 index has gained 2.41 percent in the same period.
  • Telecom Services - Domestic: This industry rose 1.5 percent by 10:30 am ET. The top performer in this industry was Cincinnati Bell Inc. (NYSE: CBB), which gained 6.4 percent. Cincinnati Bell shares have climbed 20.05 percent over the past 52 weeks, while the S&P 500 index has gained 2.41 percent in the same period.
  • Telecom Services - Foreign: The industry gained 1.4 percent by 10:30 am. The top performer in this industry was Telefonica S.A. (ADR) (NYSE: TEF), which gained 2.5 percent. Telefonica’s PEG ratio is 0.33.
  • Small Tools & Accessories: This industry moved up 1.3 percent by 10:30 am. The top performer in this industry was Snap-on Incorporated (NYSE: SNA), which rose 2.1 percent. On Thursday, Snap-on reported Q2 EPS of $2.36 on revenue of $872.3 million.
 

Related Articles (GNCMA + CBB)

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Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

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