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. All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 77 points (-0.5%) at 16,767 as of Thursday, June 12, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,294 issues advancing vs. 1,659 declining with 161 unchanged. The Basic Materials sector currently sits up 0.5% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Vale ( VALE), down 3.6%, Range Resources ( RRC), down 2.3% and Freeport-McMoRan Copper & Gold ( FCX), down 1.3%. Top gainers within the sector include Goldcorp ( GG), up 3.5%, Cenovus Energy ( CVE), up 3.0%, Seadrill ( SDRL), up 2.9%, Suncor Energy ( SU), up 2.8% and Marathon Oil ( MRO), up 2.1%. TheStreet would like to highlight 3 stocks pushing the sector lower today: 3. ArcelorMittal ( MT) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, ArcelorMittal is down $0.26 (-1.7%) to $15.10 on average volume. Thus far, 2.1 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $15.07-$15.21 after having opened the day at $15.17 as compared to the previous trading day's close of $15.36. ArcelorMittal, Societe Anonyme, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates in six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; AACIS; Distribution Solutions; and Mining. ArcelorMittal has a market cap of $25.4 billion and is part of the metals & mining industry. Shares are down 13.9% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and 1 rates it a hold. TheStreet Ratings rates ArcelorMittal as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and generally higher debt management risk. Get the full ArcelorMittal Ratings Report now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.