The Dow fell 0.35 percent to 17,088.84, while the NASDAQ composite index slipped 0.14 percent to 4,896.43. The broader Standard & Poor's 500 index dropped 0.17 percent to 2,009.17. The worst performing industries in the market today are:
Toy & Hobby Stores:
This industry declined 8.8 percent by 11:00 am with
Build-A-Bear Workshop, Inc
(NYSE:
BBW
) moving down 8.8 percent. BMO Capital downgraded Build-A-Bear from Outperform to Market Perform.
Industrial Equipment & Components:
The industry dropped 1.5 percent by 11:00 am. The worst performer in this industry was
Omega Flex, Inc.
(NASDAQ:
OFLX
), which declined 2.3 percent. Omega Flex shares have dropped 2.50 percent over the past 52 weeks, while the S&P 500 index has gained 0.50 percent in the same period.
Regional Airlines:
This industry slipped 1.4 percent by 11:00 am. The worst stock within the industry was
Republic Airways Holdings Inc.
(NASDAQ:
RJET
), which fell 14 percent. Deutsche Bank downgraded Republic Airways from Buy to Hold and lowered the price target from $8.00 to $4.00.
Auto Parts Wholesale:
This industry fell 1.2 percent by 11:00 am ET.
Commercial Vehicle Group, Inc.
(NASDAQ:
CVGI
) shares dropped 3.2 percent in today's trading.
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