Worst Performing Industries For February 3, 2016

The Dow fell 1.10 percent to 15,975.92, while the NASDAQ composite index dipped 1.97 percent to 4,427.80. The broader Standard & Poor's 500 index dropped 1.54 percent to 1,873.82. The worst performing industries in the market today are: Drug Manufacturers - Other: This industry declined 3.3 percent by 11:00 am with Tianyin Pharmaceutical Inc Co TPI moving down 11.4 percent. Tianyin Pharmaceutical shares have declined 77.36 percent over the past 52 weeks, while the S&P 500 index has dropped 6.78 percent in the same period. Investment Brokerage - Regional: This industry fell 3.2 percent by 11:00 am ET. Stifel Financial Corp SF shares dropped 5.8 percent in today's trading. Stifel Financial's trailing-twelve-month ROE is 5.35 percent. Research Services: The industry dropped 3.1 percent by 11:00 am. The worst performer in this industry was Myriad Genetics, Inc. MYGN, which declined 8.8 percent. Myriad Genetics reported better-than-expected results for the second quarter, but the company issued a weak forecast for the third quarter. Building Materials Wholesale: This industry slipped 3 percent by 11:00 am. The worst stock within the industry was Louisiana-Pacific Corporation LPX, which fell 4.3 percent. Louisiana-Pacific is expected to report its Q4 financial results webcast on February 11, 2016.
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