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Market Overview

Top Performing Industries For August 19, 2016

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At 10:30 am, the Dow fell 0.15 percent to 18,570.51, the broader Standard & Poor's 500 index moved down 0.23 percent to 2,182.04 and the NASDAQ composite index gained 0.04 percent to 5,242.25.

The industries that are supporting the market today are:

  • Semiconductor- Memory Chips: This industry gained 3.4 percent by 10:30 am. The top stock within the industry was Micron Technology, Inc. (NASDAQ: MU), which gained 4 percent. Micron shares have declined 0.82 percent over the past 52 weeks, while the S&P 500 index has gained 5.16 percent in the same period.
  • Regional - Midwest Banks: This industry rose 1 percent by 10:30 am ET. The top performer in this industry was Macatawa Bank Corporation (NASDAQ: MCBC), which gained 1 percent. Macatawa Bank shares have surged 47.16 percent over the past 52 weeks, while the S&P 500 index has gained 5.16 percent in the same period.
  • Computer Peripherals: The industry gained 1 percent by 10:30 am. The top performer in this industry was Key Tronic Corporation (NASDAQ: KTCC), which gained 2.6 percent. Macatawa Bank shares have dropped 26.76 percent over the past 52 weeks, while the S&P 500 index has gained 5.16 percent in the same period.
  • Management Services: This industry moved up 0.9 percent by 10:30 am. The top performer in this industry was Cartesian Inc (NASDAQ: CRTN), which rose 8 percent.
 

Related Articles (MCBC + MU)

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Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

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