Top Performing Industries For September 8 (NFLX, MGM, RF, FC)

At 11:02 am, the Dow gained 0.76% to 10,419.48, the broader Standard & Poor's 500 index moved up 0.85% to 1,101.09 and the NASDAQ composite index rose 0.99% to 2,230.82. The industries that are driving the market today are: Music & Video Stores: This industry jumped 2.70% by 11:02 am. The top stock within the industry was Netflix Inc NFLX, which rose 3.39%. Netflix and Nu Image/Millennium Films have entered into a long-term agreement. Under the agreement, NFLX will be able to stream the Nu Image/Millennium’s first-run theatrical films over the internet to its members. Resorts & Casinos: This industry rose 2.56% by 11:02 am ET. The top performer in this industry was MGM Resorts International MGM, which gained 6.48%. Analysts at Soleil upgraded MGM from “hold” to “buy.” Regional - Southeast Banks: This industry moved up 2.39% by 11:02 am, with Regions Financial Corporation RF moving up 3.88% to gain the top spot. RF’s quarterly revenue surged 30.30% y/y. Office Supplies: The industry, which gained 2.38%, saw Franklin Covey Company FC as the top gainer. FC’s shares rose 2.83%. FC’s earnings are likely to rise by 192.31% in the next year. Read more from Benzinga's Company news.
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