Dow Today: Caterpillar (CAT) Leads The Day Higher, United Technologies (UTX) Lags

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.

The Dow Jones Industrial Average ( ^DJI) closed down 225.0 points (-1.5%) at 15,112. During the day, 569.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 561.5 million. The NYSE advances/declines ratio closed at 450 issues advancing vs. 2,633 declining with 71 unchanged.
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The Dow component that led the way higher today was Caterpillar (NYSE: CAT), which sported a four-cent gain to $85.86. Volume for Caterpillar ended the day at 4.9 million shares traded vs. an average daily trading volume of 6.1 million shares.

Caterpillar has a market cap of $56.06 billion and is part of the industrial goods sector and industrial industry. Shares are down 4.2% year to date as of Wednesday's close. The stock's dividend yield sits at 2.8%.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding the Dow back today was United Technologies (NYSE: UTX), which lagged the broader Dow index with a $2.07 decline (-2%) bringing the stock to $102.99. This single loss lowered the Dow Jones Industrial Average by 15.67 points or roughly accounting for 7% of the Dow's overall loss. Volume for United Technologies ended the day at 2.7 million shares traded vs. an average daily trading volume of 3.3 million shares.

United Technologies has a market cap of $97.99 billion and is part of the industrial goods sector and industrial industry. Shares are up 28.1% year to date as of Wednesday's close. The stock's dividend yield sits at 2%.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide.

TheStreet Ratings rates United Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

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