Dow Jones (DJIA) Today: American Express (AXP) Lower

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 143.0 points (-0.8%) at 17,983 as of Friday, May 29, 2015, 10:36 a.m. ET. During this time, 67.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 360.6 million. The NYSE advances/declines ratio sits at 866 issues advancing vs. 1,975 declining with 207 unchanged.
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Holding back the Dow today is American Express (NYSE: AXP), which is lagging the broader Dow index with a 34-cent decline (-0.4%) bringing the stock to $79.75. This single loss is lowering the Dow Jones Industrial Average by 2.57 points or roughly accounting for 1.8% of the Dow's overall loss. Volume for American Express currently sits at 1.5 million shares traded vs. an average daily trading volume of 6.2 million shares.

American Express has a market cap of $81.38 billion and is part of the financial sector and financial services industry. Shares are down 13.9% year-to-date as of Thursday's close. The stock's dividend yield sits at 1.4%.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S.

TheStreet Ratings rates American Express as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, growth in earnings per share, attractive valuation levels and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

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