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 29 points (+0.2%) at 17,011 as of Tuesday, Jul 29, 2014, 12:36 p.m. ET. During this time, 212.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 305 million. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,408 declining with 169 unchanged.
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The Dow component leading the way higher looks to be Caterpillar (NYSE: CAT), which is sporting a $1.23 gain (+1.2%) bringing the stock to $105.38. This single gain is lifting the Dow Jones Industrial Average by 9.31 points or roughly accounting for 32.1% of the Dow's overall gain. Volume for Caterpillar currently sits at 3.3 million shares traded vs. an average daily trading volume of 3.5 million shares. Caterpillar has a market cap of $65.58 billion and is part of the industrial goods sector and industrial industry. Shares are up 14.7% year-to-date as of Monday's close. The stock's dividend yield sits at 2.7%. Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide.