Worst Performing Industries For July 23, 2014

The Dow dropped 0.06% to 17,103.69, while the NASDAQ composite index rose 0.45% to 4,475.83. The broader Standard & Poor's 500 index surged 0.22% to 1,987.95. The worst performing industries in the market today are: Semiconductor - Specialized: This industry tumbled 1.75% by 11:15 am. The worst stock within the industry was Lattice Semiconductor LSCC, which fell 6.1%. Lattice Semiconductor is expected to report its Q2 results on July 24, 2014. Networking & Communication Devices: This industry fell 1.53% by 11:15 am ET. Juniper Networks JNPR shares dropped 9.6% in today's trading. Juniper issued a downbeat Q3 forecast. Bank of America downgraded Juniper Networks from Outperform to Neutral and lowered the price target from $34.00 to $28.00. Printed Circuit Boards: The industry dropped 1.47% by 11:15 am. The worst performer in this industry was The Analog Devices ADI, which declined 2.7%. Analog Devices completed its acquisition of Hittite Microwave. Semiconductor - Integrated Circuits: This industry moved down 1.19% by 11:15 am, with Xilinx XLNX moving down 14.4%. Xilinx reported downbeat Q1 revenue and issued a weak Q2 revenue forecast. BMO Capital downgraded Xilinx from Outperform to Market Perform and lowered the price target from $60.00 to $42.00.