Top Performing Industries For June 22, 2016

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At 10:30 am, the Dow rose 0.47 percent to 17,912.70, the broader Standard & Poor's 500 index moved up 0.46 percent to 2,098.40 and the NASDAQ composite index gained 0.40 percent to 4,863.08.

The industries that are driving the market today are:

  • Home Furnishing Stores: This industry gained 2.2 percent by 11:00 am. The top stock within the industry was Restoration Hardware Holdings Inc RH, which gained 7.8 percent. BB&T Capital said that Williams-Sonoma, Inc. WSM may acquire Restoration Hardware for $50 per share.
  • Publishing - Books: This industry rose 1.8 percent by 10:30 am ET. The top performer in this industry was John Wiley & Sons Inc JW, which gained 1.1 percent. John Wiley & Sons shares have declined 9.29 percent over the past 52 weeks, while the S&P 500 index has dropped 0.93 percent in the same period.
  • Nonmetallic Mineral Mining: The industry gained 1.6 percent by 10:30 am. The top performer in this industry was Hongli Clean Energy Technologies Corp CETC, which gained 12 percent. Hongli Clean Energy Technologies shares have tumbled 82.20 percent over the past 52 weeks, while the S&P 500 index has declined 0.93 percent in the same period.
  • Foreign Utilities: This industry moved up 1.4 percent by 10:30 am. The top performer in this industry was CPFL Energia S.A. (ADR) CPL, which rose 1.2 percent.
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