At 10:30 am, the Dow gained 0.94% to 11,686.38, the broader Standard & Poor's 500 index moved up 1.18% to 1,272.53 and the NASDAQ composite index rose 1.69% to 2,697.78.
The industries that are driving the market today are:
Regional - Mid-Atlantic Banks: This industry jumped 4.11% by 10:30 am. The top stock within the industry was First Trust Bank NCFT, which rose 13.4%. NCFT's shares have dipped 42.15% over the past 52 weeks, while the S&P 500 index has gained 11% in the same period.
Semiconductor- Memory Chips: This industry rose 3.42% by 10:30 am ET. The top performer in this industry was MIPS Technologies Inc MIPS, which gained 5.5%. MIPS' trailing-twelve-month ROE is 43.41%.
Specialty Eateries: This industry moved up 3.11% by 10:30 am, with Starbucks Corporation SBUX moving up 3.3% to gain the top spot. SBUX's trailing-twelve-month revenue is $10.71 billion.
Office Supplies: The industry, which gained 2.94%, saw Acco Brands Corporation ABD as the top gainer. ABD's shares rose 3.1%. ABD's PEG ratio is 1.74.
Read more from Benzinga's Markets.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Intraday UpdateMarketsMoversConsumer DiscretionaryIndustrialsInformation TechnologyOffice Services & SuppliesRestaurantsSemiconductorsTop Performing Industries
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in