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 16 points at 17,122 as of Wednesday, Aug 27, 2014, 12:36 p.m. ET. During this time, 89.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 301 million. The NYSE advances/declines ratio sits at 1,632 issues advancing vs. 1,319 declining with 192 unchanged.
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The Dow component leading the way higher looks to be McDonald's (NYSE: MCD), which is sporting a five-cent gain to $94.16. This single gain is lifting the Dow Jones Industrial Average by 0.38 points or roughly accounting for 2.4% of the Dow's overall gain. Volume for McDonald's currently sits at 3.1 million shares traded vs. an average daily trading volume of 4.7 million shares. McDonald's has a market cap of $92.73 billion and is part of the services sector and leisure industry. Shares are down 3% year-to-date as of Tuesday'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.