Top Performing Industries For December 16 (MPEL, SMS, MCFI, SBUX)

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At 11:41 am, the Dow gained 0.29% to 11,491, the broader Standard & Poor's 500 index moved up 0.44% to 1,241 and the NASDAQ composite index rose 0.68% to 2,635. The industries that are driving the market today are: Resorts & Casinos: This industry jumped 3.12% by 11:41 am. The top stock within the industry was Melco Crown Entertainment Limit
MPEL
, which rose 6.12%. MPEL's trailing-twelve-month gross profit is $175.36 million. Wholesale, Other: This industry rose 1.94% by 11:41 am ET. The top performer in this industry was Sims Metal Management Ltd
SMS
, which gained 3.17%. SMS's trailing-twelve-month revenue is $7.45 billion. Regional - Mid-Atlantic Banks: This industry moved up 1.64% by 11:41 am, with MIDCAROLINA FINL CP (OTC BB: MCFI), moving up 135.09% to gain the top spot. MCFI's shares have fallen 40.00% in the past 52 weeks while the S&P 500 index gained 11.36% in the same period. Specialty Eateries: The industry, which gained 1.56%, saw Starbucks Corporation
SBUX
as the top gainer. SBUX's shares rose 2.26%. SBUX has decided to end a 12-year old distribution agreement it had with Kraft Foods Inc
KFT
. Read more
from Benzinga's Markets.
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Posted In: Intraday UpdateMarketsMoversCasinos & GamingConsumer DiscretionaryConsumer StaplesMaterialsPackaged Foods & MeatsRestaurantsSteelTop Performing Industries
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