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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 175 points (-1.0%) at 17,515 as of Monday, Aug. 3, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,034 issues advancing vs. 1,937 declining with 164 unchanged.

The Technology sector currently sits down 1.0% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include Turkcell Iletisim Hizmetleri AS ( TKC), down 4.5%, Baidu ( BIDU), down 3.5%, LinkedIn ( LNKD), down 2.9%, Corning ( GLW), down 1.9% and Taiwan Semiconductor Manufacturing ( TSM), down 1.9%. Top gainers within the sector include Micron Technology ( MU), up 2.8%, Telecom Italia SpA ( TI.A), up 2.4%, T-Mobile US ( TMUS), up 1.9%, NTT DoCoMo ( DCM), up 1.8% and BT Group ( BT), up 0.9%.

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

3. EMC ( EMC) is one of the companies pushing the Technology sector lower today. As of noon trading, EMC is down $0.63 (-2.3%) to $26.26 on light volume. Thus far, 4.9 million shares of EMC exchanged hands as compared to its average daily volume of 13.8 million shares. The stock has ranged in price between $26.24-$26.76 after having opened the day at $26.62 as compared to the previous trading day's close of $26.89.

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EMC Corporation develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. EMC has a market cap of $52.0 billion and is part of the computer hardware industry. Shares are down 9.6% year-to-date as of the close of trading on Friday. Currently there are 17 analysts that rate EMC a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates EMC as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow. Get the full EMC Ratings Report now.

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2. As of noon trading, Oracle Corporation ( ORCL) is down $0.29 (-0.7%) to $39.65 on average volume. Thus far, 6.4 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 14.4 million shares. The stock has ranged in price between $39.62-$40.01 after having opened the day at $40.01 as compared to the previous trading day's close of $39.94.

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Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. Oracle Corporation has a market cap of $171.9 billion and is part of the computer software & services industry. Shares are down 11.2% year-to-date as of the close of trading on Friday. Currently there are 15 analysts that rate Oracle Corporation a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Oracle Corporation as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Oracle Corporation Ratings Report now.

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1. As of noon trading, International Business Machines ( IBM) is down $3.23 (-2.0%) to $158.76 on average volume. Thus far, 2.1 million shares of International Business Machines exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $158.70-$161.85 after having opened the day at $161.70 as compared to the previous trading day's close of $161.99.

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International Business Machines Corporation provides information technology (IT) products and services worldwide. International Business Machines has a market cap of $157.7 billion and is part of the computer software & services industry. Shares are up 1.0% year-to-date as of the close of trading on Friday. Currently there are 4 analysts that rate International Business Machines a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full International Business Machines Ratings Report now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).