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 62 points (+0.4%) at 17,122 as of Wednesday, Jul 16, 2014, 12:36 p.m. ET. During this time, 236.9 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 1,670 issues advancing vs. 1,271 declining with 202 unchanged.
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Holding back the Dow today is Johnson & Johnson (NYSE: JNJ), which is lagging the broader Dow index with a 94-cent decline (-0.9%) bringing the stock to $102.34. Volume for Johnson & Johnson currently sits at 5.8 million shares traded vs. an average daily trading volume of 6.1 million shares. Johnson & Johnson has a market cap of $298.13 billion and is part of the health care sector and drugs industry. Shares are up 12.8% year-to-date as of Tuesday's close. The stock's dividend yield sits at 2.7%. Johnson & Johnson, together with its subsidiaries, is engaged in the research and development, manufacture, and sale of various products in the health care field worldwide. The company operates in three segments: Consumer, Pharmaceutical, and Medical Devices and Diagnostics.