Dow Today: Boeing (BA) Leads The Day Higher, Cisco Systems (CSCO) Lags
The Dow component leading the way higher looks to be Boeing (NYSE:BA), which is sporting a 90-cent gain (+0.7%) bringing the stock to $122.88. Holding back the Dow today is Cisco Systems (Nasdaq:CSCO), which is lagging the broader Dow index with a 52-cent decline (-2.1%) bringing the stock to $24.68.
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 12 points at 16,663 as of Thursday, Aug 14, 2014, 9:36 a.m. ET. During this time, 15.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 302.3 million. The NYSE advances/declines ratio sits at 1,831 issues advancing vs. 823 declining with 283 unchanged.
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The Dow component leading the way higher looks to be Boeing (NYSE: BA), which is sporting a 90-cent gain (+0.7%) bringing the stock to $122.88. This single gain is lifting the Dow Jones Industrial Average by 6.81 points or roughly accounting for 56.8% of the Dow's overall gain. Volume for Boeing currently sits at 141,818 shares traded vs. an average daily trading volume of 4.2 million shares. Boeing has a market cap of $86.81 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 10.6% year-to-date as of Wednesday's close. The stock's dividend yield sits at 2.4%. The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.