Market Overview

Top Performing Industries For November 1, 2016

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At 10:30 am, the Dow fell 0.19 percent to 18,107.33, the broader Standard & Poor's 500 index moved down 0.25 percent to 2,120.87 and the NASDAQ composite index slipped 0.25 percent to 5,176.17.

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

  • Publishing - Periodicals: This industry gained 3.4 percent by 10:30 am. The top stock within the industry was Thomson Reuters Corp (NYSE: TRI), which gained 4 percent. Thomson Reuters reported better-than-expected quarterly earnings and announced plans to cut 2,000 jobs.
  • Nonmetallic Mineral Mining: This industry rose 2.3 percent by 10:30 am ET. The top performer in this industry was Westmoreland Coal Company (NASDAQ: WLB), which gained 11 percent. Westmoreland reported a Q3 loss of $0.46 per share on revenue of $370.7 million.
  • Drug Related Products: The industry gained 1.3 percent by 10:30 am. The top performer in this industry was Perrigo Company plc (NYSE: PRGO) which gained 1.5 percent. Perrigo’s PEG ratio is 1.62.
  • Silver: This industry moved up 0.9 percent by 10:30 am. The top performer in this industry was First Majestic Silver Corp (NYSE: AG), which rose 5.7 percent.

Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

 

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