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 39.0 points (-0.2%) at 16,404 as of Thursday, Aug 7, 2014, 1:36 p.m. ET. During this time, 164.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 305.8 million. The NYSE advances/declines ratio sits at 1,596 issues advancing vs. 1,415 declining with 129 unchanged.
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Holding back the Dow today is Walt Disney (NYSE: DIS), which is lagging the broader Dow index with a 60-cent decline (-0.7%) bringing the stock to $85.99. This single loss is lowering the Dow Jones Industrial Average by 4.54 points or roughly accounting for 11.6% of the Dow's overall loss. Volume for Walt Disney currently sits at 4.1 million shares traded vs. an average daily trading volume of 5.9 million shares. Walt Disney has a market cap of $150.24 billion and is part of the services sector and media industry. Shares are up 13.3% year-to-date as of Wednesday'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.