Top Performing Industries For May 27 (SBSA, NTAP, NANX, SCHN)

By 11:59 am, the Dow had added 216.97 points, or 2.18%, to 10,191.42 and the broader Standard & Poor's 500 index had risen 26.38 points, or 2.47%. The Nasdaq composite index gained 58.51 points, or 2.66%. The industries that are driving the market keep today are: Broadcasting-Radio: The top gainer of the day, this industry added 8.24% by 11:42 am. The top performer in this industry, Spanish Broadcasting System Inc SBSA, rose by 11.87%. SBSA is a Hispanic-controlled media and entertainment company in the US. It is the owner and operator of 21 radio stations and 2 television stations under MegaTV brand name. Data Storage Devices: This industry climbed 6.94% by 11:42 am. The top gainer within the industry, NetApp Inc NTAP, added 17.76%. NTAP’s fiscal Q4 profit more than doubled, led by strong demand for data storage systems. Industrial Metals & Minerals: This industry moved up 6.62% by 11:22 am, with Nanophase Technologies Corp NANX climbing 8.90% to gain the top spot. NANX develops, manufactures and sells engineered nano-material products primarily in North America. Steel & Iron: The industry, which rose 6.19%, has the top gainer in the form of Schnitzer Steel Industries Inc SCHN, which has gained 7.89%. SCHN has dropped 13.03% over the past 52 weeks, while the S&P 500 has climbed 19.58% over the same period. Read more from Benzinga's Markets.