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Top Performing Industries For August 30, 2016

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At 10:30 am, the Dow fell 0.34 percent to 18,439.78, the broader Standard & Poor's 500 index moved down 0.28 percent to 2,174.32 and the NASDAQ composite index dropped 0.27 percent to 5,218.17.

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

  • Internet Service Providers: This industry gained 1.3 percent by 10:30 am. The top stock within the industry was TrueCar Inc (NASDAQ: TRUE), which gained 3.3 percent. B. Riley upgraded TrueCar from Sell to Neutral.
  • Nonmetallic Mineral Mining: This industry rose 1.2 percent by 10:30 am ET. The top performer in this industry was Yanzhou Coal Mining Co Ltd (ADR) (NYSE: YZC), which gained 3.4 percent. Yanzhou Coal Mining shares have surged 19.62 percent over the past 52 weeks, while the S&P 500 index has gained 10.56 percent in the same period.
  • Building Materials Wholesale: The industry gained 1 percent by 10:30 am. The top performer in this industry was Huttig Building Products Inc (NASDAQ: HBP), which gained 3 percent. Huttig Building shares have climbed 101.59 percent over the past 52 weeks, while the S&P 500 index has gained 10.56 percent in the same period.
  • Regional Airlines: This industry moved up 1 percent by 10:30 am. The top performer in this industry was SkyWest, Inc. (NASDAQ: SKYW), which rose 2.5 percent.

Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

 

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