Dow Today: Procter & Gamble (PG) Leads The Day Higher, JPMorgan Chase (JPM) Lags
The Dow component leading the way higher looks to be Procter & Gamble (NYSE:PG), which is sporting a $2.18 gain (+2.8%) bringing the stock to $79.50. Holding back the Dow today is JPMorgan Chase (NYSE:JPM), which is lagging the broader Dow index with a 48-cent decline (-0.8%) bringing the stock to $57.20.
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 10.0 points at 16,553 as of Friday, Aug 1, 2014, 9:36 a.m. ET. During this time, 24 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 303.2 million. The NYSE advances/declines ratio sits at 1,556 issues advancing vs. 1,190 declining with 238 unchanged.
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The Dow component leading the way higher looks to be Procter & Gamble (NYSE: PG), which is sporting a $2.18 gain (+2.8%) bringing the stock to $79.50. Volume for Procter & Gamble currently sits at 1.7 million shares traded vs. an average daily trading volume of 7.1 million shares. Procter & Gamble has a market cap of $211.5 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 5% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.3%. The Procter & Gamble Company, together with its subsidiaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care.