Top Narrow Based Indexes For July 22 (IMPUY, BXC, XRX)

By 1:25 pm, the Dow Jones Industrial Average was up 225.53 points, or 2.23%, to 10,346.06, while the broader Standard & Poor's 500 index had gained 26.03 points, or 2.43%. The NASDAQ composite index rose 57.46 points, or 2.63%. Some of the narrow based indexes supporting the markets are Platinum and Palladium Stocks, which have gained 5.3%, Home Improvement Retail Stocks, up 5.2%, and Business Equipment Stocks, moving 4.6% higher as a group. In Tickerspy's Platinum and Palladium complex, Impala Platinum IMPUY had surged 7.5%. The best performing Tickerspy Home Improvement Retail stock has been Bluelinx Holdings Inc BXC, which was up 38.2%. Private equity firm Cerberus Capital Management LP has offered to buy all the outstanding share of BXC for $3.40 per share in cash. The offer price represents a 36% premium to its yesterday’s closing price. Xerox Corporation XRX is today’s leading Tickerspy's Business Equipment stock, gaining 6.4%. XRX has reported a 62% rise in its Q2 profits and raised its outlook for the full year. Read more from Benzinga's Company news.