Top Performing Industries For January 7, 2016

At 10:30 am, the Dow fell 1.18 percent to 16,707.13, the broader Standard & Poor's 500 index moved down 1.24 percent to 1,965.69 and the NASDAQ composite index slipped 1.62 percent to 4,757.30. The industries that are still afloat in the market today are: Jewelry Stores: This industry gained 2.2 percent by 10:30 am. The top performer in this industry was Signet Jewelers Ltd.SIG, which rose 4.7 percent. Signet Jewelers reported a 5 percent year-over-year rise in its holiday season sales and raised the lower end of its Q4 adjusted earnings outlook. Discount, Variety Stores: This industry rose 1.2 percent by 10:30 am ET. The top performer in this industry was Burlington Stores Inc BURL, which gained 2.6 percent. Burlington Stores' PEG ratio is 0.94. Department Stores: The industry gained 1 percent by 10:30 am. The top performer in this industry was Macy's, Inc. M, which gained 4 percent. Macy's existing store sales were down 4.7 percent in November and December, and the company has stated it expects to see continued decline through January. The company is planning to cut 4,800 jobs and close 40 stores. Sporting Goods Stores: This industry moved up 0.6 percent by 10:30 am. The top performer in this industry was Dicks Sporting Goods Inc DKS, which rose 1.6 percent. Dicks Sporting shares have dropped 36.71 percent over the past 52 weeks, while the S&P 500 index has declined 3.49 percent in the same period.