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 34 points (-0.2%) at 17,564 as of Tuesday, Aug. 4, 2015, 1:15 PM ET. The NYSE advances/declines ratio sits at 1,528 issues advancing vs. 1,459 declining with 151 unchanged.

The Financial sector currently sits up 0.2% versus the S&P 500, which is down 0.2%. Top gainers within the sector include LendingTree ( TREE), up 39.8%, Brookfield Property Partners ( BPY), up 4.9%, E*Trade Financial ( ETFC), up 4.6%, XL Group ( XL), up 1.9% and KB Financial Group ( KB), up 2.1%. On the negative front, top decliners within the sector include Banco Santander Brasil SA/Brazil ( BSBR), down 1.9%, Hartford Financial Services Group ( HIG), down 1.1%, Franklin Resources ( BEN), down 0.9%, Credit Suisse Group ( CS), down 0.7% and BlackRock ( BLK), down 0.9%.

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

3. Bank of New York Mellon ( BK) is one of the companies pushing the Financial sector higher today. As of noon trading, Bank of New York Mellon is up $0.34 (0.8%) to $43.74 on average volume. Thus far, 2.3 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $43.40-$44.08 after having opened the day at $43.54 as compared to the previous trading day's close of $43.40.

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The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Management and Investment Services. Bank of New York Mellon has a market cap of $48.7 billion and is part of the financial services industry. Shares are up 7.0% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate Bank of New York Mellon a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Bank of New York Mellon Ratings Report now.

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2. As of noon trading, Charles Schwab ( SCHW) is up $0.43 (1.2%) to $35.13 on average volume. Thus far, 3.7 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $34.63-$35.38 after having opened the day at $34.64 as compared to the previous trading day's close of $34.70.

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The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, money management, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. Charles Schwab has a market cap of $45.8 billion and is part of the financial services industry. Shares are up 14.9% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate Charles Schwab a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share, increase in net income and solid stock price performance. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Charles Schwab Ratings Report now.

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1. As of noon trading, U.S. Bancorp ( USB) is up $0.15 (0.3%) to $45.23 on light volume. Thus far, 2.1 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $44.97-$45.48 after having opened the day at $45.05 as compared to the previous trading day's close of $45.08.

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U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. U.S. Bancorp has a market cap of $80.2 billion and is part of the banking industry. Shares are up 0.3% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate U.S. Bancorp a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates U.S. Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins and increase in stock price during the past year. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full U.S. Bancorp 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 financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).