Top Performing Industries For August 24, 2016

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At 10:30 am, the Dow fell 0.16 percent to 18,517.61, the broader Standard & Poor's 500 index moved down 0.16 percent to 2,183.51 and the NASDAQ composite index declined 0.05 percent to 5,257.31.

The industries that are still afloat in the market today are:

  • Electronics Stores: This industry gained 2.2 percent by 10:30 am. The top stock within the industry was Best Buy Co Inc BBY, which gained 3.1 percent. UBS raised the price target on Best Buy from $33 to $38.
  • Foreign Money Center Banks: This industry rose 1.4 percent by 10:30 am ET. The top performer in this industry was Lloyds Banking Group PLC (ADR) LYG, which gained 3.5 percent. Lloyds Banking shares have dropped 33.41 percent over the past 52 weeks, while the S&P 500 index has gained 15.51 percent in the same period.
  • Specialty Eateries: The industry gained 1.4 percent by 10:30 am. The top performer in this industry was Starbucks Corporation SBUX, which gained 1.9 percent. Starbucks’ PEG ratio is 1.60.
  • Drug Manufacturers - Other: This industry moved up 0.6 percent by 10:30 am. The top performer in this industry was Endo International plc ENDP, which rose 4.4 percent.
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