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 11.0 points at 16,482 as of Monday, Aug 4, 2014, 11:36 a.m. ET. During this time, 104.8 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 1,206 issues advancing vs. 1,751 declining with 181 unchanged.
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Holding back the Dow today is McDonald's (NYSE: MCD), which is lagging the broader Dow index with a 55-cent decline (-0.6%) bringing the stock to $93.75. This single loss is lowering the Dow Jones Industrial Average by 4.16 points or roughly accounting for 37.8% of the Dow's overall loss. Volume for McDonald's currently sits at 3.2 million shares traded vs. an average daily trading volume of 4.6 million shares. McDonald's has a market cap of $93.46 billion and is part of the services sector and leisure industry. Shares are down 2.8% year-to-date as of Friday's close. The stock's dividend yield sits at 3.4%. McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company's restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus.