Market Overview

Top Performing Industries For November 8, 2016

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At 10:30 am, the Dow fell 0.15 percent to 18,231.76, the broader Standard & Poor's 500 index moved down 0.22 percent to 2,126.90 and the NASDAQ composite index declined 0.15 percent to 5,158.53.

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

  • Dairy Products: This industry gained 2.2 percent by 10:30 am. The top stock within the industry was Dean Foods Co (NYSE: DF), which gained 2.4 percent. On Monday, Dean Foods posted upbeat quarterly earnings.
  • Processed & Packaged Goods: This industry rose 2 percent by 10:30 am ET. The top performer in this industry was Kellogg Company (NYSE: K), which gained 3.5 percent. Kellogg shares have climbed 11.09 percent over the past 52 weeks, while the S&P 500 index has gained 2.55 percent in the same period.
  • Meat Products: The industry gained 1.7 percent by 10:30 am. The top performer in this industry was Hormel Foods Corp (NYSE: HRL) which gained 2.9 percent. Hormel Foods is expected to report Q4 earnings on November 22, 2016.
  • Housewares & Accessories: This industry moved up 1.1 percent by 10:30 am. The top performer in this industry was Newell Brands Inc (NYSE: NWL), which rose 1.5 percent. Raymond James upgraded Newell Brands from Outperform to Strong Buy.

Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

 

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