Top Performing Industries For June 2 (GSB, HAL, UAUA, EBF)

By 12:41 pm, the Dow Jones Industrial Average had climbed 105.73 points, or 1.05%, to 10,129.75 and the broader Standard & Poor's 500 index had rallied 13.83 points, or 1.29%. The Nasdaq composite index too was up after advancing 31.31 points, or 1.41%. The industries that are helping the market keep afloat today are: Internet Service Providers: The top gainer of the day, this industry added 8.27% by 12:20 pm. The top performer in this industry, GlobalSCAPE Inc GSB, rose by 11.43%. GSB has entered into a partnership agreement with Rackspace Hosting RAX in order to deliver cloud-based managed file transfer solutions. The deal will enable GlobalSCAPE to exchange business-to-business data, such as large files and sensitive data, in a secure manner. Oil & Gas Equipment & Services: This industry climbed 5.14% by 12:20 pm. The top gainer within the industry, Halliburton Company HAL, added 10.28%. FBR Capital upgraded HAL from “market perform” to “outperform.” Major Airlines: This industry moved up 4.86% by 12:20 pm, with UAL Corp UAUA climbing 10.70% to gain the top spot. US airline stocks are posting steep gains on the Wall Street today, triggered by robust May traffic revenue reported by Continental Airlines CAL. Office Supplies: The industry, which rose 3.09%, has the top gainer in the form of Ennis Inc EBF, which has gained 4.46%. EBF produces and sells business forms and business products and active wear in North America. Read more from Benzinga's Markets.
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Posted In: NewsUpgradesIntraday UpdateMarketsAnalyst RatingsMoversAirlinesCommercial PrintingEnergyFBR CapitalIndustrialsInformation TechnologyInternet Software & ServicesOil & Gas Equipment & ServicesTop Performing Industries
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