Dow Today: Boeing (BA) Leads The Day Higher, JPMorgan Chase (JPM) Lags

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The Dow Jones Industrial Average ( ^DJI) closed down 26.0 points (-0.2%) at 15,300. During the day, 425.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 521.4 million. The NYSE advances/declines ratio closed at 950 issues advancing vs. 2,046 declining with 100 unchanged.
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The Dow component that led the way higher today was Boeing (NYSE: BA), which sported a 56-cent gain (+0.5%) bringing the stock to $109.80. Volume for Boeing ended the day at 4.8 million shares traded vs. an average daily trading volume of 5.2 million shares.

Boeing has a market cap of $81.61 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 43.5% year to date as of Wednesday's close. The stock's dividend yield sits at 1.8%.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.

TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

Holding the Dow back today was JPMorgan Chase (NYSE: JPM), which lagged the broader Dow index with a $1.02 decline (-1.9%) bringing the stock to $52.24. This single loss lowered the Dow Jones Industrial Average by 7.72 points or roughly accounting for 29.7% of the Dow's overall loss. Volume for JPMorgan Chase ended the day at 21.9 million shares traded vs. an average daily trading volume of 18.4 million shares.

JPMorgan Chase has a market cap of $202.02 billion and is part of the financial sector and banking industry. Shares are up 22.1% year to date as of Wednesday's close. The stock's dividend yield sits at 2.8%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, compelling growth in net income, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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