Top Narrow Based Indexes For April 5 (NSM, HCCI, CAVM)

By 10:15 am, the Dow Jones Industrial Average was down 28.61 points, or 0.23%, to 12,371.42, while the broader Standard & Poor's 500 index had dropped 1.25 points, or 0.09%. The NASDAQ composite index rose 0.68 point, or 0.02%. Some of the narrow based indexes that are supporting the markets are Analog and Mixed Signal Semiconductor Stocks, which have gained 1.9%, Waste Management Stocks, up 1.6%, and Specialty Semiconductor Stocks, moving 1.5% higher as a group. In Tickerspy's Analog and Mixed Signal Semiconductor complex, National Semiconductor Corp NSM had surged 71.2%. Texas Instruments Inc TXN announced its plans to acquire NSM for $6.5 billion, or $25 per share, representing a 78% premium to NSM's closing price on Monday. The best performing Tickerspy Waste Management stock has been Heritage-Crystal Clean Inc HCCI, which was up 17.7%. HCCI had $21.76 million in total cash and no debt for the latest quarter. Cavium Networks Inc CAVM is today's leading Tickerspy's Specialty Semiconductor stock, gaining 4%. CAVM is scheduled to report its Q1 financial results on April 28. Read more from Benzinga's Markets.
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