Worst Performing Industries For May 18, 2016

The Dow rose 0.14 percent to 17,553.85, while the NASDAQ composite index climbed 0.59 percent to 4,743.39. The broader Standard & Poor's 500 index gained 0.20 percent to 2,051.22. The worst performing industries in the market today are:

Meat Products:

This industry slipped 2.2 percent by 11:00 am. The worst stock within the industry was

Hormel Foods CorpHRL

, which fell 6.5 percent. Hormel Foods reported Q1 earnings of $0.40 per share on revenue of $2.30 billion. The company expects FY16 earnings of $1.56 to $1.60 per share. Hormel also announced the acquisition of Justin's, LLC.

Electronics Stores:

This industry declined 2 percent by 11:00 am with

Best Buy Co Inc

BBY

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moving down 2.7 percent. Best Buy shares have dropped 5.60 percent over the past 52 weeks, while the S&P 500 index has declined 3.70 percent in the same period.

Drug Delivery:

This industry fell 1.7 percent by 11:00 am ET.

Acura Pharmaceuticals, Inc. ACUR

shares dropped 1.6 percent in today's trading. Acura Pharmaceuticals shares have tumbled 39.75 percent over the past 52 weeks, while the S&P 500 index has slipped 3.70 percent in the same period.

Discount, Variety Stores:

The industry dropped 1.4 percent by 11:00 am. The worst performer in this industry was

Target Corporation TGT

, which declined 8.6 percent. Target reported better-than-expected earnings for its first quarter, but comparable sales missed expectations.