Worst Performing Industries For October 7, 2016

Loading...
Loading...


The Dow fell 0.20 percent to 18,232.31, while the NASDAQ composite index declined 0.23 percent to 5,294.57. The broader Standard & Poor's 500 index slipped 0.27 percent to 2,154.98.

The worst performing industries in the market today are:

  • Meat Products: This industry slipped 3.3 percent by 11:00 am. The worst stock within the industry was Tyson Foods, Inc. TSN, which fell 9.1 percent. Pivotal Research downgraded Tyson from Buy to Sell.
  • Drug Related Products: This industry declined 2.2 percent by 11:00 am with Perrigo Company plc PRGO moving down 3 percent. Perrigo shares have declined 39.25 percent over the past 52 weeks, while the S&P 500 index has gained 8.26 percent in the same period.
  • Aerospace/Defense Products & Services: This industry fell 1.4 percent by 11:00 am ET. Triumph Group Inc TGI shares dropped 5.5 percent in today's trading. Triumph Group shares have dropped 39.39 percent over the past 52 weeks, while the S&P 500 index has gained 8.26 percent in the same period.
  • Dairy Products: The industry dropped 1.2 percent by 11:00 am. The worst performer in this industry was Dean Foods Co DF, which declined 1.3 percent.
Posted In: NewsMovers & ShakersIntraday UpdateMarketsWorst Performing Industries
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...