Dow Today: Intel (INTC) Leads The Day Higher, McDonald's (MCD) Lags
The Dow component leading the way higher looks to be Intel (Nasdaq:INTC), which is sporting a $2.06 gain (+6.5%) bringing the stock to $33.77. Holding back the Dow today is McDonald's (NYSE:MCD), which is lagging the broader Dow index with a 90-cent decline (-0.9%) bringing the stock to $99.40.
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 47 points (+0.3%) at 17,107 as of Wednesday, Jul 16, 2014, 9:36 a.m. ET. During this time, 32.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 299.9 million. The NYSE advances/declines ratio sits at 1,873 issues advancing vs. 817 declining with 274 unchanged.
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The Dow component leading the way higher looks to be Intel (Nasdaq: INTC), which is sporting a $2.06 gain (+6.5%) bringing the stock to $33.77. This single gain is lifting the Dow Jones Industrial Average by 15.59 points or roughly accounting for 33.2% of the Dow's overall gain. Volume for Intel currently sits at 18.9 million shares traded vs. an average daily trading volume of 28.8 million shares. Intel has a market cap of $156.76 billion and is part of the technology sector and electronics industry. Shares are up 22.2% year-to-date as of Tuesday's close. The stock's dividend yield sits at 2.9%. Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments.