The Dow Jones Industrial Average ( ^DJI) is trading up 118 points (+0.8%) at 15,253 as of Monday, Jul 8, 2013, 10:35 a.m. ET. During this time, 115.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 616.5 million. The NYSE advances/declines ratio sits at 2,126 issues advancing vs. 744 declining with 89 unchanged.
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The Dow component leading the way higher looks to be Wal-Mart Stores (NYSE: WMT), which is sporting a $1.31 gain (+1.7%) bringing the stock to $76.52. This single gain is lifting the Dow Jones Industrial Average by 9.91 points or roughly accounting for 8.4% of the Dow's overall gain. Volume for Wal-Mart Stores currently sits at 1.9 million shares traded vs. an average daily trading volume of 7.6 million shares. Wal-Mart Stores has a market cap of $244.96 billion and is part of the services sector and retail industry. Shares are up 10.2% year to date as of Friday's close. The stock's dividend yield sits at 2.5%. Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates in three segments: Walmart U.S., Walmart International, and Sam's Club. TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow.