All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 67 points (-0.4%) at 18,405 as of Thursday, July 28, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,296 issues advancing vs. 1,538 declining with 200 unchanged.

The Technology sector currently sits down 0.3% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include

Open Text

(

OTEX

), down 4.8%,

Telefonica

(

TEF

), down 3.7%,

Level 3 Communications

(

LVLT

), down 3.6%,

America Movil SAB de CV

(

AMX

), down 3.6% and

Automatic Data Processing

(

ADP

), down 3.4%. Top gainers within the sector include

NetSuite

(

N

), up 18.0%,

Cirrus Logic

(

CRUS

), up 18.0%,

Corning

(

GLW

), up 3.9%,

ServiceNow

(

NOW

), up 3.7% and

Quintiles Transnational Holdings

(

Q

), up 3.4%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3.

Infinera

(

INFN

) is one of the companies pushing the Technology sector lower today. As of noon trading, Infinera is down $4.26 (-34.0%) to $8.25 on heavy volume. Thus far, 14.4 million shares of Infinera exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $8.20-$8.64 after having opened the day at $8.40 as compared to the previous trading day's close of $12.51.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Infinera Corporation provides optical transport networking equipment, software, and services worldwide. Infinera has a market cap of $1.8 billion and is part of the telecommunications industry. Shares are down 31.0% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Infinera a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Infinera

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and unimpressive growth in net income. Get the full

Infinera Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading,

CommScope

(

COMM

) is down $2.61 (-8.2%) to $29.21 on heavy volume. Thus far, 2.8 million shares of CommScope exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $28.84-$31.63 after having opened the day at $30.50 as compared to the previous trading day's close of $31.82.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

CommScope Holding Company, Inc. provides infrastructure solutions for communications networks worldwide. CommScope has a market cap of $6.0 billion and is part of the telecommunications industry. Shares are up 22.9% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate CommScope a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

CommScope

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally higher debt management risk. Get the full

CommScope Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading,

Nokia Oyj

(

NOK

) is down $0.15 (-2.6%) to $5.71 on heavy volume. Thus far, 12.8 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 13.9 million shares. The stock has ranged in price between $5.69-$5.76 after having opened the day at $5.72 as compared to the previous trading day's close of $5.86.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Nokia Corporation, together with its subsidiaries, provides network infrastructure and related services worldwide. It operates in five business groups: Mobile Networks, Fixed Networks, IP/Optical Networks, Applications & Analytics, and Nokia Technologies. Nokia Oyj has a market cap of $33.0 billion and is part of the telecommunications industry. Shares are down 16.5% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Nokia Oyj a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Nokia Oyj

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. Get the full

Nokia Oyj Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the technology sector could consider

Technology Select Sector SPDR

(

XLK

) while those bearish on the technology sector could consider

ProShares Ultra Short Technology

(

REW

).