Courtesy of Benzinga.
At 10:30 am, the Dow rose 0.77 percent to 16,138.37, the broader Standard & Poor’s 500 index moved up 1.19 percent to 1,874.20 and the NASDAQ composite index climbed 1.88 percent to 4,349.07.
The industries that are driving the market today are:
Office Supplies: This industry gained 8.1 percent by 10:30 am. The top performer in this industry was ACCO Brands Corporation(NYSE: ACCO), which rose 15 percent. ACCO Brands reported better-than-expected Q4 results.
Dairy Products: This industry rose 6 percent by 10:30 am ET. The top performer in this industry was Dean Foods Co (NYSE: DF), which gained 7.5 percent. BB&T Capital upgraded Dean Foods from Hold to Buy. Bernstein also upgraded Dean Foods from Market Perform to Outperform.
Home Health Care: The industry gained 4.3 percent by 10:30 am. The top performer in this industry was Surgical Care Affiliates Inc (NASDAQ: SCAI), which gained 10.8 percent. Surgical Care Affiliates will replace Constant Contact Inc (NASDAQ: CTCT) in the S&P SmallCap 600 index after the close of trading on Thursday.
Building Materials Wholesale: This industry moved up 3.7 percent by 10:30 am. The top performer in this industry was Huttig Building Products Inc (NASDAQ: HBP), which rose 2.8 percent. Huttig Building Products shares have dropped 1.84 percent over the past 52 weeks, while the S&P 500 index has declined 10.46 percent in the same period.
Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers
