Top Narrow Based Indexes For May 2 (ICO, DMED, DISH)

By 10:52 am, the Dow Jones Industrial Average was up 52.71 points, or 0.41%, to 12,863.25, while the broader Standard & Poor's 500 index had gained 5.67 points, or 0.42%. The NASDAQ composite index rose 12.13 points, or 0.42%. Some of the narrow based indexes that are driving the markets are Coal Stocks, which have gained 3.7%, Diabetes Stocks, up 2.3%, and TV Service Provider Stocks, moving 1.7% higher as a group. In Tickerspy's
Coal
complex, International Coal Group Inc (NYSE:
ICO
) had surged 30.6%. Arch Coal Inc (NYSE:
ACI
) agreed to acquire ICO for $3.4 billion. The best performing Tickerspy
Diabetes
stock has been D. Medical Industries Ltd (NASDAQ: DMED), which was up 31.9%. The US Food and Drug Administration (FDA) granted DMED's subsidiary, Spring-Set Health Solutions Ltd, 510(k) clearance to market its Sprin Universal Infusion Sets in the United States. DISH Network Corporation (NASDAQ:
DISH
) is today's leading Tickerspy's
TV Service Provider
stock, gaining 14.2%. DISH reported a more than two-fold surge in its first-quarter net income. Read more
from Benzinga's Markets.
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