Market Overview

Top Performing Industries For August 4, 2016

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At 10:30 am, the Dow fell 0.04 percent to 18,348.66, the broader Standard & Poor's 500 index moved up 0.01 percent to 2,163.85 and the NASDAQ composite index gained 0.10 percent to 5,164.63.

The industries that are supporting the market today are:

Regional Airlines: This industry gained 2 percent by 10:30 am. The top stock within the industry was Copa Holdings, S.A. (NYSE: CPA), which gained 13.5 percent. Copa Holdings posted better-than-expected Q2 earnings.

Industrial Equipment & Components: This industry rose 1.7 percent by 10:30 am ET. The top performer in this industry was Mueller Water Products, Inc. (NYSE: MWA), which gained 5.5 percent. Mueller Water Products posted upbeat Q3 profit.

Foreign Regional Banks: The industry gained 1.2 percent by 10:30 am. The top performer in this industry was Banco Bradesco S.A. (NYSE: BBDO), which gained 4 percent. Banco Bradesco shares have surged 10.63 percent over the past 52 weeks, while the S&P 500 index has gained 3.37 percent in the same period.

Foreign Utilities: This industry moved up 1.1 percent by 10:30 am. The top performer in this industry was CPFL Energia S.A. (ADR) (NYSE: CPL), which rose 1.3 percent.

 

Related Articles (CPA + MWA)

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