Courtesy of Benzinga.
At 10:30 am, the Dow rose 0.57 percent to 16,429.08, the broader Standard & Poor’s 500 index moved up 0.49 percent to 1,921.87 and the NASDAQ composite index gained 0.61 percent to 4,531.70.
The industries that are driving the market today are:
Cement: This industry gained 10 percent by 10:30 am. The top performer in this industry was Cemex SAB de CV (ADR)(NYSE: CX), which rose 15 percent. Cemex reported a quarterly profit of $144 million, versus a year-ago loss of $178 million.
Building Materials Wholesale: This industry rose 5.1 percent by 10:30 am ET. The top performer in this industry was Louisiana-Pacific Corporation (NYSE: LPX), which gained 5.8 percent. Louisiana-Pacific is expected to report its Q4 financial results on February 11, 2016.
Technical Services: The industry gained 4.5 percent by 10:30 am. The top performer in this industry was ENGlobal Corp (NASDAQ: ENG), which gained 6.2 percent. ENGlobal shares have dropped 53.69 percent over the past 52 weeks, while the S&P 500 index has slipped 7.27 percent in the same period.
Silver: This industry moved up 3.9 percent by 10:30 am. The top performer in this industry was Silver Standard Resources Inc. (USA) (NASDAQ: SSRI), which rose 9 percent. Silver Standard Resources is projected to post Q4 results on February 25, 2016.
Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers
