At 10:05 am, the Dow gained 0.41% to 12,430.31, the broader Standard & Poor's 500 index moved up 0.29% to 1,332.07 and the NASDAQ composite index rose 0.07% to 2,782.33.
The industries that are supporting the market today are:
Electronics Stores: This industry jumped 1.32% by 10:15 am. The top stock within the industry was Best Buy Co Inc BBY, which rose 1.35%. BBY's PEG ratio is 0.82.
Drug Related Products: This industry rose 1.30% by 10:15 am ET. The top performer in this industry was Perrigo Company PRGO, which gained 3.1%. PRGO's trailing-twelve-month ROE is 23.80%.
Diversified Communication Services: This industry moved up 1.25% by 10:15 am, with Global Crossing Ltd GLBC moving up 73% to gain the top spot. Level 3 Communications Inc LVLT agreed to purchase GLBC for about $1.9 billion.
Foreign Money Center Banks: The industry, which gained 1.19%, saw Barclays PLC BCS as the top gainer. BCS' shares rose 4.2%. BCS' PEG ratio is 0.36.
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Posted In: NewsIntraday UpdateMarketsMoversAlternative CarriersComputer & Electronics RetailConsumer DiscretionaryDiversified BanksFinancialsHealth CarePharmaceuticalsTelecommunication ServicesTop Performing Industries
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