Market Overview

Top Performing Industries For November 4, 2016


At 10:30 am, the Dow rose 0.03 percent to 17,936.84, the broader Standard & Poor's 500 index moved up 0.16 percent to 2,091.93 and the NASDAQ composite index climbed 0.13 percent to 5,065.02.

The industries that are driving the market today are:

  • Internet Service Providers: This industry gained 7.2 percent by 10:30 am. The top stock within the industry was TrueCar Inc (NASDAQ: TRUE), which gained 17.8 percent. TrueCar reported a narrower-than-expected Q3 loss.
  • Drug Related Products: This industry rose 3 percent by 10:30 am ET. The top performer in this industry was Perrigo Company plc (NYSE: PRGO), which gained 3.5 percent. Perrigo is expected to release Q3 results on November 10, 2016.
  • Specialty Eateries: The industry gained 2.3 percent by 10:30 am. The top performer in this industry was Starbucks Corporation (NASDAQ: SBUX) which gained 3 percent. Starbucks reported better-than-expected earnings for its fourth quarter and raised its quarterly dividend to $0.25 per share.
  • Sporting Goods: This industry moved up 2.2 percent by 10:30 am. The top performer in this industry was Callaway Golf Co (NYSE: ELY), which rose 12.8 percent. Callaway Golf posted strong Q3 results and increased its FY16 guidance.

Related Articles (PRGO + TRUE)

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