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.. The Dow Jones Industrial Average ( ^DJI) is trading down 24.0 points (-0.1%) at 18,081 as of Tuesday, May 12, 2015, 11:36 a.m. ET. During this time, 130.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 368.4 million. The NYSE advances/declines ratio sits at 1,072 issues advancing vs. 1,909 declining with 140 unchanged.
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Holding back the Dow today is Verizon Communications (NYSE: VZ), which is lagging the broader Dow index with a 33-cent decline (-0.7%) bringing the stock to $49.47. This single loss is lowering the Dow Jones Industrial Average by 2.5 points or roughly accounting for 10.4% of the Dow's overall loss. Volume for Verizon Communications currently sits at 10.2 million shares traded vs. an average daily trading volume of 15 million shares. Verizon Communications has a market cap of $204.5 billion and is part of the technology sector and telecommunications industry. Shares are up 7.2% year-to-date as of Monday's close. The stock's dividend yield sits at 4.4%. Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.