The Dow dropped 0.37% to 16,849.10, while the NASDAQ composite index rose 0.30% to 4,455.97. The broader Standard & Poor's 500 index declined 0.11% to 1,967.72.
The worst performing industries in the market today are:
Consumer Services:
This industry tumbled 3.23% by 11:30 am. The worst stock within the industry was Nutrisystem (NASDAQ: NTRI), which fell 10.4%. Nutrisystem reported Q2 earnings of $0.30 per share on revenue of $111.10 million. The company also issued a weak Q3 revenue forecast.
Internet Service Providers:
This industry fell 2.02% by 11:30 am ET. Qihoo 360 Technology Co (NYSE: QIHU) shares dropped 2.9% in today's trading. Qihoo 360 shares have jumped 53.80% over the past 52 weeks, while the S&P 500 index has gained 16.86% in the same period.
Movie Production, Theaters:
The industry dropped 1.85% by 11:30 am. The worst performer in this industry was DreamWorks Animation SKG (NASDAQ: DWA), which declined 14.5%. DreamWorks posted a wider-than-expected loss on revenue below analysts' consensus.
Industrial Electrical Equipment:
This industry moved down 1.34% by 11:30 am, with Regal Beloit (NYSE: RBC) moving down 9.1%. Regal Beloit reported Q2 earnings of $1.27 per share on revenue of $850.40 million.
Posted-In: Worst Performing IndustriesNews Movers & Shakers Intraday Update Markets
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