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 9.0 points at 17,070 as of Friday, Aug 29, 2014, 1:35 p.m. ET. During this time, 107 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 297.6 million. The NYSE advances/declines ratio sits at 1,951 issues advancing vs. 1,010 declining with 183 unchanged.
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Holding back the Dow today is Visa (NYSE: V), which is lagging the broader Dow index with a $1.85 decline (-0.9%) bringing the stock to $212.75. This single loss is lowering the Dow Jones Industrial Average by 14.0 points or roughly accounting for 155.6% of the Dow's overall loss. Volume for Visa currently sits at 1.3 million shares traded vs. an average daily trading volume of 2.3 million shares. Visa has a market cap of $107.43 billion and is part of the financial sector and financial services industry. Shares are down 3.6% year-to-date as of Thursday's close. The stock's dividend yield sits at 0.7%. 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.