Worst Performing Industries For June 9, 2016

The Dow fell 0.40 percent to 17,933.72, while the NASDAQ composite index declined 0.41 percent to 4,954.51. The broader Standard & Poor's 500 index fell 0.45 percent to 2,109.66. The worst performing industries in the market today are: Home Furnishing Stores: This industry slipped 5.7 percent by 11:00 am. The worst stock within the industry was Restoration Hardware Holdings Inc (NYSE: RH), which fell 21 percent. Restoration Hardware reported weaker-than-expected earnings for the first quarter and lowered its full-year forecast. Deutsche Bank downgraded Restoration Hardware from Buy to Hold and lowered the price target from $50.00 to $35.00. Electronics Stores: This industry declined 2.7 percent by 11:00 am with Conn's Inc (NASDAQ: CONN) moving down 3.3 percent. Conn's PEG ratio is -2.81. Publishing - Books: This industry fell 2.5 percent by 11:00 am ET. Pearson PLC (ADR) (NYSE: PSO) shares dropped 3 percent in today's trading. Pearson shares have declined 38.02 percent over the past 52 weeks, while the S&P 500 index has gained 0.49 percent in the same period. Investment Brokerage - Regional: The industry dropped 2.3 percent by 11:00 am. The worst performer in this industry was Investment Technology Group (NYSE: ITG), which declined 5.9 percent.