Dow Jones (DJIA) Today: Coca-Cola (KO) Leads The Day Higher, Intel (INTC) Lags
The Dow component leading the way higher looks to be Coca-Cola (NYSE:KO), which is sporting a 63-cent gain (+1.5%) bringing the stock to $42.45. Holding back the Dow today is Intel (Nasdaq:INTC), which is lagging the broader Dow index with a 32-cent decline (-0.9%) bringing the stock to $34.
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 48 points (+0.3%) at 17,431 as of Wednesday, Nov 5, 2014, 9:36 a.m. ET. During this time, 18.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 325.8 million. The NYSE advances/declines ratio sits at 1,679 issues advancing vs. 1,042 declining with 238 unchanged.
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The Dow component leading the way higher looks to be Coca-Cola (NYSE: KO), which is sporting a 63-cent gain (+1.5%) bringing the stock to $42.45. This single gain is lifting the Dow Jones Industrial Average by 4.77 points or roughly accounting for 9.9% of the Dow's overall gain. Volume for Coca-Cola currently sits at 1.1 million shares traded vs. an average daily trading volume of 17.1 million shares. Coca-Cola has a market cap of $183.13 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 1.2% year-to-date as of Tuesday's close. The stock's dividend yield sits at 2.9%. The Coca-Cola Company, a beverage company, manufactures and distributes coke, diet coke, and other soft drinks worldwide. The company primarily offers nonalcoholic beverages, including sparkling beverages and still beverages.