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 down 200.0 points (-1.2%) at 16,680 as of Thursday, Jul 31, 2014, 11:36 a.m. ET. During this time, 120.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 302.6 million. The NYSE advances/declines ratio sits at 305 issues advancing vs. 2,737 declining with 92 unchanged.
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Holding back the Dow today is American Express (NYSE: AXP), which is lagging the broader Dow index with a $1.66 decline (-1.8%) bringing the stock to $89.26. This single loss is lowering the Dow Jones Industrial Average by 12.56 points or roughly accounting for 6.3% of the Dow's overall loss. Volume for American Express currently sits at 2.2 million shares traded vs. an average daily trading volume of 2.9 million shares. American Express has a market cap of $97.08 billion and is part of the financial sector and financial services industry. Shares are up 0.2% year-to-date as of Wednesday's close. The stock's dividend yield sits at 1.1%. American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S.