The Dow Jones Industrial Average ( ^DJI) is trading up 76 points (+0.5%) at 15,300 as of Tuesday, Jul 9, 2013, 12:35 p.m. ET. During this time, 240.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 612.5 million. The NYSE advances/declines ratio sits at 2,101 issues advancing vs. 849 declining with 106 unchanged.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Holding back the Dow today is International Business Machines (NYSE: IBM), which is lagging the broader Dow index with a $3.41 decline (-1.8%) bringing the stock to $191.57. Volume for International Business Machines currently sits at 2.7 million shares traded vs. an average daily trading volume of 4.4 million shares. International Business Machines has a market cap of $216.14 billion and is part of the technology sector and computer software & services industry. Shares are up 1.8% year to date as of Monday's close. The stock's dividend yield sits at 1.9%. International Business Machines Corporation provides information technology (IT) products and services worldwide. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, growth in earnings per share 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.