At 11:26 am, the Dow lost 2.18% to 9,917.39, the broader Standard & Poor's 500 index moved down 2.40% to 1,048.75 and the NASDAQ composite index fell 2.68% to 2,161.14.
The industries that faired the best today are:
Auto Parts Stores: This industry lost 0.55% by 11:26 am. The stock that suffered the least within the industry was AutoZone Inc AZO, which fell by 0.22%. AZO’s board of directors has approved the repurchase of other $500 million shares of its common stock.
Closed-End Fund-Debt: This industry fell 0.55% by 11:26 am ET. The top performer in this industry was MFS Special Value Trust MFV, which added 1.27%. MFV’s trailing-twelve-month profit margin is 287.26%.
REIT - Healthcare Facilities: This industry moved down 0.57% by 11:26 am, with HCP Inc HCP moving up 0.25% to gain the top spot. HCP announced that it is offering 13.5 million common shares at $33.00 per share.
Personal Products: The industry, which dropped by 0.82%, saw Parlux Fragrances Inc PARL as the top gainer. PARL’s shares rose 2.34%. PARL is all set to release its Q4 earnings today after the market closes.
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