Top Performing Industries For May 5, 2016

At 10:30 am, the Dow rose 0.30 percent to 17,703.76, the broader Standard & Poor's 500 index moved up 0.19 percent to 2,054.93 and the NASDAQ composite index dropped 0.01 percent to 4,724.97. The industries that are supporting the market today are: Building Materials Wholesale: This industry gained 3.7 percent by 10:30 am. The top performer in this industry was Louisiana-Pacific Corporation LPX, which rose 4 percent. Louisiana-Pacific is projected to announce its Q1 financial results on May 9, 2016. Drugs Wholesale: This industry rose 2.4 percent by 10:30 am ET. The top performer in this industry was McKesson Corporation MCK, which gained 7.7 percent. McKesson reported Q4 adjusted earnings of $2.44 per share on revenue of $46.7 billion. Auto Parts Wholesale: The industry gained 2.2 percent by 10:30 am. The top performer in this industry was Magna International Inc. (USA) MGA, which gained 2.5 percent. Magna reported stronger-than-expected quarterly results. Silver: This industry moved up 2.1 percent by 10:30 am. The top performer in this industry was Endeavour Silver Corp EXK, which rose 8.2 percent. Endeavour Silver reported Q1 earnings of $0.02 per share on revenue of $41.5 million. The company also announced a $40 million at-the-market offering.