Top Performing Industries For September 8, 2016

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At 10:30 am, the Dow fell 0.14 percent to 18,500.25, the broader Standard & Poor's 500 index moved down 0.13 percent to 2,183.38 and the NASDAQ composite index declined 0.29 percent to 5,268.38.

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

  • Nonmetallic Mineral Mining: This industry gained 2.5 percent by 10:30 am. The top stock within the industry was Yanzhou Coal Mining Co Ltd (ADR) YZC, which gained 5.8 percent. Yanzhou Coal shares have climbed 27.23 percent over the past 52 weeks, while the S&P 500 index has increased 11.01 percent in the same period.
  • Drug Stores: This industry rose 0.9 percent by 10:30 am ET. The top performer in this industry was Rite Aid Corporation RAD, which gained 6.2 percent. Walgreens Boots Alliance Inc WBA said that it is exploring potential divestiture remedies to address certain issues raised during FTC discussions related to deal with Rite Aid.
  • Oil & Gas Pipelines: The industry gained 0.7 percent by 10:30 am. The top performer in this industry was Spectra Energy Corp. SE, which gained 4.1 percent. CIBC upgraded Spectra Energy from Sector Performer to Sector Outperformer.
  • Regional Airlines: This industry moved up 0.6 percent by 10:30 am. The top performer in this industry was Copa Holdings, S.A. CPA, which rose 6.3 percent. Morgan Stanley upgraded Copa Holdings from Equal-weight to Overweight and raised the price target from $56.00 to $94.00.
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