All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 186 points (1.2%) at 15,852 as of Wednesday, Aug. 26, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,634 issues advancing vs. 1,393 declining with 136 unchanged.

The Technology sector currently sits up 0.2% versus the S&P 500, which is up 0.7%. On the negative front, top decliners within the sector include Qihoo 360 Technology ( QIHU), down 9.9%, VMWare ( VMW), down 5.4%, America Movil SAB de CV ( AMOV), down 2.1% and SAP SE ( SAP), down 1.0%. Top gainers within the sector include Broadcom ( BRCM), up 3.4%, Amazon.com ( AMZN), up 2.9%, Avago Technologies ( AVGO), up 2.7%, Automatic Data Processing ( ADP), up 2.0% and Intel ( INTC), up 1.9%.

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

3. Telefonica ( TEF) is one of the companies pushing the Technology sector lower today. As of noon trading, Telefonica is down $0.13 (-1.0%) to $13.80 on heavy volume. Thus far, 1.3 million shares of Telefonica exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $13.79-$14.10 after having opened the day at $14.09 as compared to the previous trading day's close of $13.93.

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Telefonica, S.A. provides fixed and mobile communication services primarily in Europe and Latin America. The company offers mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services. Telefonica has a market cap of $64.5 billion and is part of the telecommunications industry. Shares are down 2.0% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Telefonica a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Telefonica as a buy. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Telefonica Ratings Report now.

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2. As of noon trading, America Movil SAB de CV ( AMX) is down $0.22 (-1.3%) to $17.18 on average volume. Thus far, 3.0 million shares of America Movil SAB de CV exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $17.17-$17.65 after having opened the day at $17.60 as compared to the previous trading day's close of $17.40.

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America Movil, S.A.B. de C.V. provides telecommunications services in Mexico and internationally. It offers mobile and fixed voice services, including airtime, local, domestic, and international long-distance services, as well as network interconnection and public telephony services. America Movil SAB de CV has a market cap of $58.2 billion and is part of the telecommunications industry. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 24.3. Shares are down 21.6% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that rate America Movil SAB de CV a buy, 3 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates America Movil SAB de CV as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and feeble growth in the company's earnings per share. Get the full America Movil SAB de CV Ratings Report now.

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1. As of noon trading, NetEase ( NTES) is down $4.89 (-4.4%) to $107.19 on average volume. Thus far, 455,612 shares of NetEase exchanged hands as compared to its average daily volume of 982,800 shares. The stock has ranged in price between $107.19-$115.38 after having opened the day at $115.38 as compared to the previous trading day's close of $112.08.

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NetEase, Inc., through its subsidiaries, operates an interactive online community in the People's Republic of China. The company operates in three segments: Online Game Services; Advertising Services; and E-mail, E-commerce and Others. NetEase has a market cap of $14.0 billion and is part of the internet industry. The company has a P/E ratio of 18.3, below the S&P 500 P/E ratio of 24.3. Shares are up 13.5% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate NetEase a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NetEase as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full NetEase 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).