The Dow rose 0.75 percent to 18,490.22, while the NASDAQ composite index gained 0.99 percent to 5,217.26. The broader Standard & Poor's 500 index gained 0.62 percent to 2,177.67.
The worst performing industries in the market today are:
- Drug Manufacturers - Other: This industry slipped 4.7 percent by 11:00 am. The worst stock within the industry was Apricus Biosciences Inc APRI, which fell 17 percent. Apricus Biosciences reported a Q2 net loss of $0.05 per share on revenue of $464,000.
- Computer Peripherals: This industry declined 1.9 percent by 11:00 am with Mad Catz Interactive, Inc. (USA) MCZ moving down 3.3 percent. Mad Catz reported a Q2 loss of $0.07 per share on revenue of $10.8 million.
- Gold This industry fell 1.4 percent by 11:00 am ET. Tanzanian Royalty Exploration Corp TRX shares dropped 14 percent in today's trading. Tanzanian Royalty Exploration shares have surged 269.44 percent over the past 52 weeks, while the S&P 500 index has gained 3.07 percent in the same period.
- Silver: The industry dropped 1.3 percent by 11:00 am. The worst performer in this industry was Great Panther Silver Ltd GPL, which declined 5 percent.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: NewsMovers & ShakersIntraday UpdateMarketsConsumer DiscretionaryConsumer ElectronicsWorst Performing Industries
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in