At 11:57 am, the Dow gained 0.36% to 9,905.37, the broader Standard & Poor's 500 index moved up 0.57% to 1,047.22 and the NASDAQ composite index rose 0.75% to 2,151.21.
The industries that are driving the market today are:
Major Airlines: This industry gained 5.01% by 11:57 am. The top stock within the industry was UAL Corporation UAUA which rose by 6.10%. Analysts at Deutsche Bank initiated coverage of UAUA with a “buy” rating.
Real Estate Development: This industry rose 4.04% by 11:57 am ET. The top performer in this industry was Thomas Properties Group Inc TPGI, which added 6.16%. Analysts expect the company to earn $0.19 per share in the year ending December 2011.
Toy & Hobby Stores: This industry moved up 3.40% by 11:57 am, with Build-A-Bear Workshop Inc BBW moving up 2.51% to gain the top spot. BBW had $53.24 million of total cash and no debt in the latest quarter.
Oil & Gas Equipment & Services: The industry, which rose by 2.82%, saw Dawson Geophysical Company DWSN as the top gainer. DWSN’s shares rose 4.52%. Dawson’s shares fell 28.81% over the past 52 weeks, while the S&P 500 index gained 13.26% in the same period.
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