Top Performing Industries For July 12
At 10:05 am, the Dow rose 0.08% to 12,515.64, the broader Standard & Poor's 500 index moved up 0.03% to 1,319.88 and the NASDAQ composite index dropped 0.34% to 2,793.11.
The industries that are supporting the market today are:
Surety & Title Insurance: This industry jumped 1.61% by 10:05 am. The top stock within the industry was MBIA Inc (NYSE: MBI), which rose 9.4%. MBIA agreed to dismiss its lawsuit against Bank Of America Corp's Merrill Lynch & Co.
REIT - Residential: This industry moved up 1.04% by 10:05 am. The top stock within the industry was Colonial Properties Trust (NYSE: CLP), which gained 1.5%. CLP's trailing-twelve-month operating margin is 14.87%.
Regional - Northeast Banks: The industry gained 0.96% by 10:05 am. The top stock within the industry was National Penn Bancshares Inc (NASDAQ: NPBC), which gained 1.8%. NPBC had $505.37 million in total cash for the recent quarter.
REIT - Hotel/Motel: This industry rose 0.90% by 10:05 am ET. The top stock within the industry was MHI Hospitality Corporation (NASDAQ: MDH), which gained 1.7%. MDH's PEG ratio is 2.08.
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