Worst Performing Industries For July 1, 2016

The Dow rose 0.23 percent to 17,971.89, while the NASDAQ composite index climbed 0.63 percent to 4,872.95. The broader Standard & Poor's 500 index rose 0.30 percent to 2,105.12.

The worst performing industries in the market today are:

• Movie Production, Theaters: This industry slipped 1.2 percent by 11:00 am. The worst stock within the industry was Lions Gate Entertainment Corp. (USA) LGF, which fell 6.3 percent. KeyBanc maintained an Overweight rating on Lions Gate Entertainment, while lowering the price target from $27 to $24.
• Regional - Southwest Banks: This industry declined 0.9 percent by 11:00 am with Heartland Financial USA Inc HTLF moving down 1.5 percent. Heartland Financial shares have declined 5.36 percent over the past 52 weeks, while the S&P 500 index has gained 1.45 percent in the same period.
• Long Distance Carriers: This industry fell 0.8 percent by 11:00 am ET. Elephant Talk Communications Corp ETAK shares dropped 1.3 percent in today's trading. Elephant Talk Communications shares have tumbled 53.85 percent over the past 52 weeks, while the S&P 500 index has gained 1.45 percent in the same period.
• Regional - Southeast Banks: The industry dropped 0.7 percent by 11:00 am. The worst performer in this industry was Eastern Virginia Bankshares, Inc. EVBS, which declined 5 percent.