Dow Today: International Business Machines (IBM) Leads The Day Higher, JPMorgan Chase (JPM) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up 33 points (+0.2%) at 16,583. During the day, 265.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 394.7 million. The NYSE advances/declines ratio closed at 1,683 issues advancing vs. 1,332 declining with 147 unchanged.
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The Dow component that led the way higher today was International Business Machines (NYSE: IBM), which sported a $1.17 gain (+0.6%) bringing the stock to $190.08. This single gain lifted the Dow Jones Industrial Average by 8.85 points or roughly accounting for 26.8% of the Dow's overall gain. Volume for International Business Machines ended the day at 2.2 million shares traded vs. an average daily trading volume of 5.2 million shares.

International Business Machines has a market cap of $191.61 billion and is part of the technology sector and computer software & services industry. Shares are up 0.7% year-to-date as of Thursday's close. The stock's dividend yield sits at 2.3%.

International Business Machines Corporation provides information technology (IT) products and services worldwide.

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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding the Dow back today was JPMorgan Chase (NYSE: JPM), which lagged the broader Dow index with a 35-cent decline (-0.6%) bringing the stock to $54.01. Volume for JPMorgan Chase ended the day at 12.3 million shares traded vs. an average daily trading volume of 19.1 million shares.

JPMorgan Chase has a market cap of $204.56 billion and is part of the financial sector and banking industry. Shares are down 7% year-to-date as of Thursday's close. The stock's dividend yield sits at 3%.

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 buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, attractive valuation levels 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.

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