Top Narrow Based Indexes For May 5 (PPO, JDSU, TQNT)

By 10:30 am, the Dow Jones Industrial Average was down 76.44 points, or 0.60%, to 12,647.14, while the broader Standard & Poor's 500 index had dropped 7.05 points, or 0.52%. The NASDAQ composite index fell 5.50 points, or 0.19%. Some of the narrow based indexes that are still afloat in the markets are Energy Storage and Battery Technology Stocks, which have gained 4.4%, Optical Networking Stocks, up 2.0%, and RF Semiconductor Stocks, moving 1.8% higher as a group. In Tickerspy's Energy Storage and Battery Technology complex, Polypore International Inc PPO had surged 20.5%. PPO reported better-than-expected Q1 earnings. The best performing Tickerspy Optical Networking stock has been JDS Uniphase Corporation JDSU, which was up 11.7%. JDSU swung to a profit in the fiscal third quarter. TriQuint Semiconductor Inc TQNT is today's leading Tickerspy's RF Semiconductor stock, gaining 3.1%. TQNT's PEG ratio is 0.86. Read more from Benzinga's Markets.