Dow Today: Cisco Systems (CSCO) Higher

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The Dow Jones Industrial Average ( ^DJI) is trading up 174 points (+1%) at 16,836 as of Monday, Aug 18, 2014, 12:36 p.m. ET. During this time, 116.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 301.3 million. The NYSE advances/declines ratio sits at 2,451 issues advancing vs. 545 declining with 150 unchanged.
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The Dow component leading the way higher looks to be Cisco Systems (Nasdaq: CSCO), which is sporting an 18-cent gain (+0.8%) bringing the stock to $24.62. This single gain is lifting the Dow Jones Industrial Average by 1.36 points or roughly accounting for 0.8% of the Dow's overall gain. Volume for Cisco Systems currently sits at 13.4 million shares traded vs. an average daily trading volume of 28 million shares.

Cisco Systems has a market cap of $125.71 billion and is part of the technology sector and computer hardware industry. Shares are up 9.4% year-to-date as of Friday's close. The stock's dividend yield sits at 3.1%.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) and other products related to the communications and information technology industry worldwide.

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