Dow Today: Visa (V) Leads The Day Higher, Microsoft (MSFT) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up 60 points (+0.4%) at 16,979. During the day, 235.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 303.1 million. The NYSE advances/declines ratio closed at 1,544 issues advancing vs. 1,461 declining with 193 unchanged.
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The Dow component that led the way higher today was Visa (NYSE: V), which sported a $1.20 gain (+0.6%) bringing the stock to $216.20. This single gain lifted the Dow Jones Industrial Average by 9.08 points or roughly accounting for 15.1% of the Dow's overall gain. Volume for Visa ended the day at 1.8 million shares traded vs. an average daily trading volume of 2.4 million shares.

Visa has a market cap of $106.04 billion and is part of the financial sector and financial services industry. Shares are down 3.5% year-to-date as of Tuesday's close. The stock's dividend yield sits at 0.8%.

Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.

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