Dow Today: Walt Disney (DIS) Leads The Day Higher, Procter & Gamble (PG) Lags
The Dow component leading the way higher looks to be Walt Disney (NYSE:DIS), which is sporting a 66-cent gain (+0.8%) bringing the stock to $86.04. Holding back the Dow today is Procter & Gamble (NYSE:PG), which is lagging the broader Dow index with a 53-cent decline (-0.7%) bringing the stock to $79.12.
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 20 points (+0.1%) at 16,513 as of Monday, Aug 4, 2014, 9:36 a.m. ET. During this time, 13.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 304.8 million. The NYSE advances/declines ratio sits at 1,685 issues advancing vs. 993 declining with 271 unchanged.
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The Dow component leading the way higher looks to be Walt Disney (NYSE: DIS), which is sporting a 66-cent gain (+0.8%) bringing the stock to $86.04. This single gain is lifting the Dow Jones Industrial Average by 5.0 points or roughly accounting for 25% of the Dow's overall gain. Volume for Walt Disney currently sits at 315,861 shares traded vs. an average daily trading volume of six million shares. Walt Disney has a market cap of $148.73 billion and is part of the services sector and media industry. Shares are up 11.8% year-to-date as of Friday's close. The stock's dividend yield sits at 1%. The Walt Disney Company operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.