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At 10:30 am, the Dow gained 0.04 percent to 17,410.16, the broader Standard & Poor's 500 index moved down 0.02 percent to 2,085.66 and the NASDAQ composite index rose 0.21 percent to 5,054.85.
The industries that are supporting the market today are:
Photographic Equipment & Supplies: This industry moved up 5.2 percent by 10:30 am. The top performer in this industry was
GoPro IncGPRO, which gained 5.4 percent. Analysts at Cowen & Company initiated coverage on GoPro with a Outperform rating and price target of $76.
Networking & Communication Devices: The industry gained 3.5 percent by 10:30 am. The top performer in this industry was
Cisco Systems, Inc. CSCO, which gained 4.3 percent. Cisco reported better-than-expected results for its fiscal fourth quarter on Wednesday.
Drug Related Products: This industry rose 2.2 percent by 10:30 am ET. The top performer in this industry was
Perrigo Company plc Ordinary SharesPRGO, which gained 2.7 percent.
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has formally lowered the acceptance condition for its offer to acquire Perrigo from not less than 80 percent to greater than 50 percent of Perrigo ordinary shares.
Auto Parts Stores: This industry jumped 2.2 percent by 10:30 am. The top performer in this industry was
Advance Auto Parts, Inc. AAP, which rose 6 percent. Advance Auto Parts reported upbeat Q2 earnings.
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