Top Performing Industries For July 6 (HIT, PALG.OB, FFIV, CENX)

At 12:21 pm, the Dow gained 1.31% to 9,813.63, the broader Standard & Poor's 500 index moved up 1.46% to 1,037.46 and the NASDAQ composite index rose 1.52% to 2,123.61. The industries that are faring well in the market today are: Electronic Equipment: This industry jumped 5.73% by 12:21 pm. The top stock within the industry was Hitachi Ltd HIT, which rose by 7.23%. Hitachi, Mitsubishi Electric and Mitsubishi Heavy Industries have agreed to hold consolidation talks for the hydroelectric power generation system business. Farm Products: This industry rose 5.34% by 12:21 pm ET. The top performer in this industry was Petroalgae Inc PALG, which soared 73.33%. PALG.OB has a market capitalization of $2.78 billion. Internet Service Providers: This industry moved up 4.48% by 12:21 pm, with F5 Networks Inc FFIV moving up 3.83% to gain the top spot. FFIV’s quarterly earnings jumped 74.60% y/y. Aluminum: The industry, which gained by 3.92%, saw Century Aluminum Company CENX as the top gainer. CENX’s shares rose 4.42%. CENX is all set to report its Q2 results on July 27. Read more from Benzinga's Company news.
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Posted In: EarningsLong IdeasNewsMarketsTrading IdeasAluminumCommunications EquipmentElectronic Equipment ManufacturersInformation TechnologyMaterialsTop Performing Industries
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