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Dow Jones Industrial Average



) is trading down 121.0 points (-1%) at 12,381 as of Wednesday, May 23, 2012, 1:35 p.m. ET. During this time, 418.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 731.4 million. The NYSE advances/declines ratio sits at 797 issues advancing vs. 2,161 declining with 117 unchanged.

Holding back the Dow today is

General Electric



), which is lagging the broader Dow index with a 32-cent decline (-1.7%) bringing the stock to $18.86. This single loss is lowering the Dow Jones Industrial Average by 2.42 points or roughly accounting for 2% of the Dow's overall loss. Volume for General Electric currently sits at 34.8 million shares traded vs. an average daily trading volume of 44.7 million shares.

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TheStreet Recommends

General Electric has a market cap of $202.43 billion and is part of the

industrial goods

sector and


industry. Shares are up 7.1% year to date as of Tuesday's close. The stock's dividend yield sits at 3.6%.

General Electric Company operates as a technology and financial services company worldwide. The company has a P/E ratio of 15.5, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates General Electric as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.