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At 10:00 am, the Dow fell 0.51% to 10,936.58, the broader Standard & Poor's 500 index moved down 0.19% to 1,152.00 and the NASDAQ composite index gained 0.43% to 2,478.60.
The industries that are supporting the market today are:
Semiconductor- Memory Chips: This industry jumped 7.75% by 10:00 am. The top stock within the industry was NetLogic Microsystems Inc
NETL, which rose 50.3%. Broadcom Corp
BRCM agreed to acquire NetLogic for $3.7 billion, or $50 per share.
Semiconductor - Broad Line: This industry rose 2.03% by 10:00 am ET. The top performer in this industry was Cavium Inc
CAVM, which gained 10%. CAVM's PEG ratio is 1.16.
Regional - Southwest Banks: This industry moved up 1.45% by 10:00 am, with ACNB Corporation
ACNB moving up 8.5% to gain the top spot. ACNB has a dividend yield of 5.30%.
Regional - Northeast Banks: The industry, which gained 1.18%, saw Hampden Bancorp Inc
HBNK as the top gainer. HBNK's shares rose 4.3%. HBNK's trailing-twelve-month revenue is $18.95 million.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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