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 29 points (-0.2%) at 16,918 as of Monday, June 23, 2014, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,480 issues advancing vs. 1,509 declining with 147 unchanged. The Technology sector currently sits down 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include NTT DoCoMo ( DCM), down 2.1%, Infosys ( INFY), down 2.0%, Telecom Italia SpA ( TI), down 2.0%, Telecom Italia SpA ( TI.A), down 1.9% and Wipro ( WIT), down 1.5%. Top gainers within the sector include Groupon ( GRPN), up 6.2%, 3D Systems ( DDD), up 5.6%, Alcatel-Lucent ( ALU), up 2.5%, Eaton ( ETN), up 2.4% and VimpelCom ( VIP), up 1.6%. TheStreet would like to highlight 3 stocks pushing the sector lower today: 3. Telefonica ( TEF) is one of the companies pushing the Technology sector lower today. As of noon trading, Telefonica is down $0.12 (-0.7%) to $17.28 on light volume. Thus far, 334,041 shares of Telefonica exchanged hands as compared to its average daily volume of 990,400 shares. The stock has ranged in price between $17.26-$17.33 after having opened the day at $17.31 as compared to the previous trading day's close of $17.40. Telefonica, S.A. provides fixed and mobile communication services primarily in Europe and Latin America. The company offers mobile voice, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services. Telefonica has a market cap of $79.1 billion and is part of the telecommunications industry. Shares are up 6.5% year-to-date as of the close of trading on Friday. Currently there are no analysts that rate Telefonica a buy, 2 analysts rate it a sell, and 1 rates it a hold. TheStreet Ratings rates Telefonica as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and poor profit margins. Get the full Telefonica 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.