Worst Performing Industries For February 25, 2016

The Dow rose 0.12 percent to 16,505.49, while the NASDAQ composite index slipped 0.11 percent to 4,537.53. The broader Standard & Poor's 500 index gained 0.12 percent to 1,932.03. The worst performing industries in the market today are: Home Furnishing Stores: This industry declined 6 percent by 11:00 am with Restoration Hardware Holdings Inc RH moving down 25 percent. Restoration Hardware issued a weak forecast for the fourth quarter. Diversified Computer Systems: This industry fell 5.5 percent by 11:00 am ET. HP Inc HPQ shares dropped 7 percent in today's trading. HP reported in-line earnings for its first quarter. However, the company's revenue exceeded analysts' estimates. Internet Software & Services: The industry dropped 4.1 percent by 11:00 am. The worst performer in this industry was NetEase Inc (ADR) NTES, which declined 14.5 percent. NetEase reported Q4 earnings of $2.52 per ADS on revenue of $1.22 billion. Movie Production, Theaters: This industry slipped 2.5 percent by 11:00 am. The worst stock within the industry was Lions Gate Entertainment Corp. (USA) LGF, which fell 4.4 percent.
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