Worst Performing Industries For May 10, 2016

The Dow rose 1.10 percent to 17,900.88, while the NASDAQ composite index gained 0.97 percent to 4,796.16. The broader Standard & Poor's 500 index gained 1 percent to 2,079.25. The worst performing industries in the market today are: Building Materials Wholesale: This industry slipped 0.9 percent by 12:45 pm. The worst stock within the industry was Louisiana-Pacific Corporation LPX, which fell 0.9 percent. On Monday, Louisiana-Pacific reported Q1 earnings of $0.07 per share on revenue of $505 million. Home Health Care: This industry declined 0.6 percent by 12:45 pm with LHC Group, Inc. LHCG moving down 1.7 percent. LHC Group shares have gained 28.25 percent over the past 52 weeks, while the S&P 500 index has slipped 1.93 percent in the same period. Drugs Wholesale: This industry fell 0.5 percent by 12:45 pm ET. AmerisourceBergen Corp. ABC shares dropped 0.9 percent in today's trading. AmerisourceBergen's board declared a quarterly dividend of $0.34 per share. Apparel Stores: The industry dropped 0.3 percent by 12:45 pm. The worst performer in this industry was Gap Inc GPS, which declined 12 percent. Gap reported a 7 percent drop in its same-store sales for April. The company's total sales declined to $1.12 billion, from $1.21 billion in the year-ago month. Gap also issued a weak forecast for the first quarter.
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