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 42.0 points (-0.3%) at 16,633. During the day, 250.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 380.9 million. The NYSE advances/declines ratio closed at 1,597 issues advancing vs. 1,466 declining with 135 unchanged.
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The Dow component that led the way higher today was
), which sported a 31-cent gain (+0.6%) bringing the stock to $55.45. Volume for JPMorgan Chase ended the day at 11.3 million shares traded vs. an average daily trading volume of 18.6 million shares.
JPMorgan Chase has a market cap of $206.38 billion and is part of the financial sector and banking industry. Shares are down 6.8% year-to-date as of Tuesday's close. The stock's dividend yield sits at 2.9%.
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 expanding profit margins and increase in stock price during the past year. 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 $1.70 decline (-0.9%) bringing the stock to $183.08. This single loss lowered the Dow Jones Industrial Average by 12.87 points or roughly accounting for 30.6% of the Dow's overall loss. Volume for International Business Machines ended the day at 3.6 million shares traded vs. an average daily trading volume of 4.9 million shares.
International Business Machines has a market cap of $188.21 billion and is part of the technology sector and computer software & services industry. Shares are down 1.5% year-to-date as of Tuesday's close. The stock's dividend yield sits at 2.4%.
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 notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full International Business Machines Ratings Report.