Worst Performing Industries For April 12, 2016

The Dow rose 0.01 percent to 17,556.93, while the NASDAQ composite index dropped 0.16 percent to 4,825.93. The broader Standard & Poor's 500 index fell 0.09 percent to 2,040.12. The worst performing industries in the market today are:

Specialty Eateries:

This industry slipped 3.5 percent by 11:00 am. The worst stock within the industry was

Starbucks CorporationSBUX

, which fell 3.8 percent. Deutsche Bank downgraded the rating on Starbucks from Buy to Hold, while lowering the price target from $70 to $64.

Networking & Communication Devices:

This industry declined 2 percent by 11:00 am with

Juniper Networks, Inc.

JNPR

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moving down 9 percent. Juniper Networks lowered its forecast for the first quarter. Juniper expects adjusted Q1 earnings of $0.35 to $0.37 per share on revenue of $1.09 billion to $1.1 billion.

Diversified Computer Systems:

This industry fell 1.9 percent by 11:00 am ET.

Silicon Graphics International Corp SGI

shares dropped 2.5 percent in today's trading. Silicon Graphics shares have tumbled 28.29 percent over the past 52 weeks, while the S&P 500 index has declined 2.57 percent in the same period.

Electronics Stores:

The industry dropped 1.5 percent by 11:00 am. The worst performer in this industry was

Best Buy Co Inc BBY

, which declined 1.8 percent.