By 11:48 am, the Dow Jones Industrial Average was down 14.01 points, or 0.13%, to 10,844.13, while the broader Standard & Poor's 500 index had lost 1.83 points, or 0.16%. The NASDAQ composite index fell 1.24 points, or 0.05%.
Some of the narrow based indexes that are still afloat in the market are Chinese Solar Stocks, which have gained 6.1%, Solar Stocks, up 4.9%, and Semiconductor Packaging and Test Equipment Stocks, moving 4.0% higher as a group.
In Tickerspy's Chinese Solar complex, LDK Solar Co. Inc LDK had surged 7.1%. Analysts at HSBC Securities downgraded LDK from “neutral” to “underweight.”
The best performing Tickerspy Solar stock has been DayStar Technologies Inc DSTI, which was up 10.4%. DSTI's shares have dipped 73.67% over the past 52 weeks, while the S&P 500 index has gained 8.21% in the same period.
Keithley Instruments Inc KEI is today's leading Tickerspy's Semiconductor Packaging and Test Equipment stock, gaining 72.8%. Danaher Corporation DHR has agreed to acquire KEI for about $300 million or $21.60 per share in cash.
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Posted In: Long IdeasNewsM&AIntraday UpdateMarketsTrading IdeasElectrical Components & EquipmentElectronic Equipment ManufacturersIndustrial MachineryIndustrialsInformation TechnologySemiconductorstop Narrow Based Indexes
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