Dow Jones (DJIA) Today: Procter & Gamble (PG) Leads The Day Higher, International Business Machines (IBM) Lags

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The Dow Jones Industrial Average ( ^DJI) closed down 87.0 points (-0.5%) at 17,841. During the day, 350.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 370.5 million. The NYSE advances/declines ratio closed at 1,010 issues advancing vs. 2,103 declining with 101 unchanged.
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The Dow component that led the way higher today was Procter & Gamble (NYSE: PG), which sported a 33-cent gain (+0.4%) bringing the stock to $80.40. Volume for Procter & Gamble ended the day at 7.3 million shares traded vs. an average daily trading volume of 8.4 million shares.

Procter & Gamble has a market cap of $217.99 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 11.8% year-to-date as of Tuesday's close. The stock's dividend yield sits at 3.3%.

The Procter & Gamble Company, together with its subsidiaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, 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.

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