Dow Today: JPMorgan Chase (JPM) Leads The Day Higher, Johnson & Johnson (JNJ) Lags
The Dow component leading the way higher looks to be JPMorgan Chase (NYSE:JPM), which is sporting a $1.91 gain (+3.4%) bringing the stock to $58.20. Holding back the Dow today is Johnson & Johnson (NYSE:JNJ), which is lagging the broader Dow index with a $1.01 decline (-1%) bringing the stock to $104.37.
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) is trading up 31 points (+0.2%) at 17,086 as of Tuesday, Jul 15, 2014, 9:36 a.m. ET. During this time, 19.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 307.3 million. The NYSE advances/declines ratio sits at 1,645 issues advancing vs. 1,044 declining with 287 unchanged.
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The Dow component leading the way higher looks to be JPMorgan Chase (NYSE: JPM), which is sporting a $1.91 gain (+3.4%) bringing the stock to $58.20. This single gain is lifting the Dow Jones Industrial Average by 14.46 points or roughly accounting for 46.6% of the Dow's overall gain. Volume for JPMorgan Chase currently sits at 5.3 million shares traded vs. an average daily trading volume of 14.7 million shares. JPMorgan Chase has a market cap of $211.19 billion and is part of the financial sector and banking industry. Shares are down 3.7% year-to-date as of Monday's close. The stock's dividend yield sits at 2.9%. 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.