Top Performing Industries For July 7 (STT, TBH, AUGT, NPK)

At 10:55 am, the Dow gained 1.52% to 9,891.81, the broader Standard & Poor's 500 index moved up 1.60% to 1,044.52 and the NASDAQ composite index rose 1.48% to 2,124.81. The industries that are faring well in the market today are: Regional-Northeast Banks: This industry jumped 4.55% by 10:55 am. The top stock within the industry was State Street Corporation STT, which rose by 10.86%. STT has forecasted higher-than-expected net income for the second quarter. Telecom Services-Foreign: This industry rose 4.38% by 10:55 am ET. The top performer in this industry was Brazilian Telecommunications Corp TBH, which gained 4.55%. TBH’s shares have dipped 52.36% over the past 52 weeks, while the S&P 500 index has gained 16.69%. Broadcasting-Radio: This industry moved up 3.99% by 10:55 am, with Augme Technologies Inc AUGT moving up 13.33% to gain the top spot. AUGT’s shares have tumbled 73.21% over the past 52 weeks, while the S&P 500 index has gained 16.69% in the same period. Appliances: The industry, which gained by 3.81%, saw National Presto Industries Inc NPK as the top gainer. NPK’s shares rose 3.72%. NPK had $142.81 million of total cash and no debt in the latest quarter. Read more from Benzinga's Company news.