Top Narrow Based Indexes For May 3 (MCP, CGNX, HLF)

By 10:25 am, the Dow Jones Industrial Average was up 6.85 points, or 0.05%, to 12,814.21, while the broader Standard & Poor's 500 index had dropped 3.08 points, or 0.23%. The NASDAQ composite index fell 13.57 points, or 0.47%. Some of the narrow based indexes that are supporting the markets are Rare Earth Stocks, which have gained 4.6%, Manufacturing Equipment and Testing Stocks, up 3.1%, and Nutrition Product Stocks, moving 2.3% higher as a group. In Tickerspy's Rare Earth complex, Molycorp Inc MCP had surged 8.4%. MCP is scheduled to report its Q1 results on May 10. The best performing Tickerspy Manufacturing Equipment and Testing stock has been Cognex Corporation CGNX, which was up 14.9%. CGNX reported upbeat Q1 profit. Herbalife Ltd HLF is today's leading Tickerspy's Nutrition Product stock, gaining 12.7%. HLF reported a 69% surge in its Q1 net income and raised its profit projections for the year. Read more from Benzinga's Markets.