Top Performing Industries For December 5

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At 10:20 am, the Dow surged 1.28% to 12,173.13, the broader Standard & Poor's 500 index moved up 1.57% to 1,263.81 and the NASDAQ composite index gained 1.49% to 2,666.01. The industries that are driving the market today are: Foreign Money Center Banks: This industry jumped 3.18% by 10:20 am. The top stock within the industry was Lloyds Banking Group Plc
LYG
, which rose 10.8%. LYG's PEG ratio is 0.29. Surety & Title Insurance: This industry moved up 2.78% by 10:20 am. The top stock within the industry was Assured Guaranty Ltd
AGO
, which gained 10%. AGO's trailing-twelve-month operating margin is 60.09%. Regional - Mid-Atlantic Banks: The industry, which gained 2.41%, saw Summit Financial Group Inc
SMMF
as the top gainer. SMMF's shares rose 12.5%. SMMF concluded its supplemental public offering of Non-Cumulative Convertible Preferred Stock, Series 2011. Wholesale, Other: This industry rose 2.40% by 10:20 am ET. The top stock within the industry was Sims Metal Management Ltd
SMS
, which gained 2.9%. SMS has a dividend yield of 5.20%.
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Posted In: NewsIntraday UpdateMarketsMoversDiversified BanksFinancialsTop Performing Industries
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