At 10:05 am, the Dow dropped 0.11% to 13,473.24, the broader Standard & Poor’s 500 index moved down 0.31% to 1,467.49 and the NASDAQ composite index fell 0.47% to 3,110.98.
The industries that are still afloat in the market today are:
Nonmetallic Mineral Mining: This industry jumped 2.21% by 10:05 am. The top stock within the industry was Harry Winston Diamond (NYSE: HWD), which rose 8.4%. Swatch Group announced its plans to buy the Harry Winston watch and jewelry brand for around $1 billion. Networking & Communication Devices: This industry rose 1.20% by 10:05 am ET. The top performer in this industry was Silicom (NASDAQ: SILC), which gained 2.8%. Silicom will distribute a dividend of up to 50% of its annual distributable profits.
General Entertainment: This industry moved up 0.96% by 10:05 am, with MakeMyTrip (NASDAQ: MMYT) moving up 1.3% to gain the top spot. MakeMyTrip’s trailing-twelve-month revenue is $210.56 million. Toy & Hobby Stores: The industry gained 0.90% by 10:05 am. The top performer in this industry was Build-A-Bear Workshop (NYSE: BBW), which gained 0.9%. Build-A-Bear shares have dropped 46.13% over the past 52 weeks, while the S&P 500 index has gained 13.79% in the same period.
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Tags: Top Performing Industries
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