Top Performing Industries For July 21 (TKR, CNH, AAPL, CTEL)

At 12:50 pm, the Dow gained 0.08% to 10,238.06, the broader Standard & Poor's 500 index moved down 0.03% to 1,083.17 and the NASDAQ composite index fell 0.10% to 2,220.28. The industries that are driving the market today are: Machine Tools & Accessories: This industry jumped 2.69% by 12:50 pm. The top stock within the industry was Timken Company TKR, which rose 4.42%. TKR has acquired QM Bearings and Power Transmission Inc to expand its high-performance business. Farm & Construction Machinery: This industry rose 2.68% by 12:50 pm ET. The top performer in this industry was CNH Global NV CNH, which gained 5.96%. CNH has swung to Q2 profit from a loss in the year-ago period. Personal Computers: This industry moved up 2.49% by 12:50 pm, with Apple Inc AAPL moving up 2.74% to gain the top spot. AAPL had reported better-than-expected Q3 earnings due to a strong rise in the demand for its iPhone and iPad devices. Telecom Services - Foreign: The industry, which gained 2.31%, saw City Telecom Limited CTEL as the top gainer. CTEL’s shares rose 5.42%. CTEL’s quarterly earnings jumped 54.50% y/y. Read more from Benzinga's Company news.