Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link
Dow Jones Industrial Average
) closed down 117.0 points (-0.7%) at 17,055. During the day, 281.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 298.7 million. The NYSE advances/declines ratio closed at 891 issues advancing vs. 2,185 declining with 134 unchanged.
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The Dow component that led the way higher today was
), which sported a three-cent gain to $60.94. Volume for JPMorgan Chase ended the day at 14.3 million shares traded vs. an average daily trading volume of 12.8 million shares.
JPMorgan Chase has a market cap of $229.85 billion and is part of the financial sector and banking industry. Shares are up 4.2% year-to-date as of Monday's close. The stock's dividend yield sits at 2.6%.
JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management.
TheStreet Ratings rates JPMorgan Chase as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, expanding profit margins and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full JPMorgan Chase Ratings Report.
Holding the Dow back today was
), which lagged the broader Dow index with a $1.49 decline (-0.8%) bringing the stock to $191.62. This single loss lowered the Dow Jones Industrial Average by 11.28 points or roughly accounting for 9.6% of the Dow's overall loss. Volume for International Business Machines ended the day at 3.3 million shares traded vs. an average daily trading volume of 3.4 million shares.
International Business Machines has a market cap of $193.53 billion and is part of the technology sector and computer software & services industry. Shares are up 3% year-to-date as of Monday's close. The stock's dividend yield sits at 2.3%.
International Business Machines Corporation provides information technology (IT) products and services worldwide.
TheStreet Ratings rates International Business Machines as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full International Business Machines Ratings Report.