Market Overview

Top Performing Industries For September 7, 2016

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At 10:30 am, the Dow fell 0.10 percent to 18,518.84, the broader Standard & Poor's 500 index moved down 0.01 percent to 2,186.39 and the NASDAQ composite index climbed 0.16 percent to 5,284.46.

The industries that are supporting the market today are:

  • Regional Airlines: This industry gained 3.3 percent by 10:30 am. The top stock within the industry was Allegiant Travel Company (NASDAQ: ALGT), which gained 7.1 percent. Allegiant Travel disclosed preliminary passenger traffic results for August.
  • Semiconductor - Integrated Circuits: This industry rose 1.4 percent by 10:30 am ET. The top performer in this industry was Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE: TSM), which gained 2.4 percent. TSM’s PEG ratio is 1.03.
  • Appliances: The industry gained 1.2 percent by 10:30 am. The top performer in this industry was Whirlpool Corporation (NYSE: WHR), which gained 1.2 percent. Whirlpool shares have gained 7.81 percent over the past 52 weeks, while the S&P 500 index has increased 11.02 percent in the same period.
  • Long Distance Carriers: This industry moved up 1 percent by 10:30 am. The top performer in this industry was Elephant Talk Communications Corp (NYSE: ETAK), which rose 7.3 percent. Elephant Talk signed a new strategic partnership agreement with Expeto.

Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

 

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