By 10:25 am, the Dow Jones Industrial Average was up 36.14 points, or 0.30%, to 11,988.05, while the broader Standard & Poor's 500 index had gained 5.02 points, or 0.39%. The NASDAQ composite index rose 11.14 points, or 0.42%.
Some of the narrow based indexes that are driving the markets are Footwear Stocks, which have gained 5.6%, Chinese Solar Stocks, up 4.4%, and Clothing Stocks, moving 2.6% higher as a group.
In Tickerspy's Footwear complex, Timberland Co TBL had surged 42.5%. VF Corporation VFC announced its plans to buy Timberland for $43 per share.
The best performing Tickerspy Chinese Solar stock has been JinkoSolar Holding Company Limited JKS, which was up 7.6%. JKS' PEG ratio is 0.21.
VF Corporation VFC is today's leading Tickerspy's Clothing stock, gaining 11.9%. VFC announced its plans to buy Timberland Co TBL for $43 per share.
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Posted In: NewsMarketsMoversApparel, Accessories & Luxury GoodsConsumer DiscretionaryFootweartop Narrow Based Indexes
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