Worst Performing Industries For August 17, 2016

The Dow fell 0.35 percent to 18,487.96, while the NASDAQ composite index declined 0.27 percent to 5,212.75. The broader Standard & Poor's 500 index slipped 0.29 percent to 2,171.74.

The worst performing industries in the market today are:

• Electronics Stores: This industry slipped 2.4 percent by 11:00 am. The worst stock within the industry was Appliance Recycling Centers of America (NASDAQ: ARCI), which fell 27 percent. Appliance Recycling Centers of America shares have surged 14.96 percent over the past 52 weeks, while the S&P 500 index has gained 3.60 percent in the same period.
• Silver: This industry declined 2 percent by 11:00 am with First Majestic Silver Corp (NYSE: AG) moving down 4.8 percent. Silver futures dropped 1.2 percent to trade at $19.64 an ounce.
• Home Furnishing Stores: This industry fell 1.9 percent by 11:00 am ET. Restoration Hardware Holdings Inc (NYSE: RH) shares dropped 3.3 percent in today's trading. Restoration Hardware shares have declined 68.65 percent over the past 52 weeks, while the S&P 500 index has gained 3.60 percent in the same period.
• Networking & Communication Devices: The industry dropped 1.7 percent by 11:00 am. The worst performer in this industry was Xtera Communications Inc (NASDAQ: XCOM), which declined 3.4 percent.