Top Narrow Based Indexes For June 2 (LCC, URRE, GNA)

After yesterday’s sharp fall in the last trading hour, US markets have opened on a positive note. Till 12:09 pm, the Dow Jones Industrial Average gained 119.79, or 1.20%, to 10,143.81, S&P 500 index moved up 15.55, or 1.45% and the NASDAQ added 32.50, or 1.46%. Some of the few narrow based indexes that are supporting the market are the Airline Stocks, which have gained 3.6%, the Uranium Stocks, up 3.5%, and the Steel and Iron Stocks, moving up 3.5% higher as a group. In Tickerspy's Airline complex, US Airways Group Inc LCC surged 10.1%. LCC is among the several airline stocks that have got a boost following strong traffic data from Continental Airlines CAL. Today’s best performing Tickerspy Uranium stock is Uranium Resources Inc URRE, which is up 6.3%. URRE is selling its historic drill data for $250,000 in cash to Uranium Energy Corp. Gerdau AmeriSteel Corporation GNA is today’s leading Tickerspy's Steel and Iron stock, gaining 54.8%. Gerdau has offered to pay up to $1.7 billion to take full ownership of Ameristeel stock. Read more from Benzinga's Company news.
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Posted In: Long IdeasNewsMarketsTrading IdeasAirlinesCoal & Consumable FuelsEnergyIndustrialsMaterialsSteeltop Narrow Based Indexes
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