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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 62 points (0.4%) at 16,880 as of Tuesday, Oct. 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,323 issues advancing vs. 662 declining with 163 unchanged.

The Financial Services industry currently sits up 0.4% versus the S&P 500, which is up 0.5%. A company within the industry that fell today was Orix ( IX), up 0.8%. Top gainers within the industry include Nomura Holdings ( NMR), up 5.1%, TD Ameritrade ( AMTD), up 2.6%, CIT Group ( CIT), up 2.0%, Invesco ( IVZ), up 1.8% and HD Supply Holdings ( HDS), up 1.7%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Waddell & Reed Financial ( WDR) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Waddell & Reed Financial is down $0.85 (-1.8%) to $46.38 on average volume. Thus far, 779,366 shares of Waddell & Reed Financial exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $45.69-$48.00 after having opened the day at $47.66 as compared to the previous trading day's close of $47.23.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts in the United States. Waddell & Reed Financial has a market cap of $4.0 billion and is part of the financial sector. Shares are down 27.3% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate Waddell & Reed Financial a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Waddell & Reed Financial as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Waddell & Reed Financial Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, CME Group ( CME) is down $1.10 (-1.4%) to $80.88 on average volume. Thus far, 761,759 shares of CME Group exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $80.76-$82.43 after having opened the day at $82.05 as compared to the previous trading day's close of $81.98.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. CME Group has a market cap of $27.7 billion and is part of the financial sector. Shares are up 4.9% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate CME Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates CME Group as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full CME Group Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, Bank of New York Mellon ( BK) is down $0.74 (-2.0%) to $36.66 on heavy volume. Thus far, 4.7 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $36.65-$37.81 after having opened the day at $37.65 as compared to the previous trading day's close of $37.40.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

The Bank of New York Mellon Corporation provides various financial products and services in the United States and internationally. Its Investment Management segment provides institutional, intermediary, retirement and retail investment management, distribution, and related services. Bank of New York Mellon has a market cap of $42.0 billion and is part of the financial sector. Shares are up 6.2% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate Bank of New York Mellon a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels, expanding profit margins and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Bank of New York Mellon Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

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