Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 217 points (1.3%) at 16,418 as of Friday, Sept. 25, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,782 issues advancing vs. 1,190 declining with 158 unchanged.

The Basic Materials sector currently sits down 1.2% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Chesapeake Energy ( CHK), down 5.5%, ArcelorMittal ( MT), down 4.7%, Vale ( VALE), down 3.3%, Western Gas Equity Partners ( WGP), down 2.9% and Energy Transfer Equity ( ETE), down 1.4%. Top gainers within the sector include Sherwin-Williams ( SHW), up 1.5%, TransCanada ( TRP), up 1.3%, Suncor Energy ( SU), up 1.2%, Enbridge ( ENB), up 1.2% and Valero Energy ( VLO), up 1.1%.

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

3. Continental Resources ( CLR) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Continental Resources is down $0.55 (-1.9%) to $28.80 on light volume. Thus far, 1.6 million shares of Continental Resources exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $28.51-$29.94 after having opened the day at $29.72 as compared to the previous trading day's close of $29.35.

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Continental Resources, Inc. explores, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. Continental Resources has a market cap of $10.5 billion and is part of the energy industry. The company has a P/E ratio of 20.1, below the S&P 500 P/E ratio of 24.3. Shares are down 23.5% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts that rate Continental Resources a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Continental Resources as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Continental Resources Ratings Report now.

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2. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR) is down $0.10 (-2.4%) to $4.04 on average volume. Thus far, 21.8 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 33.3 million shares. The stock has ranged in price between $4.00-$4.26 after having opened the day at $4.22 as compared to the previous trading day's close of $4.14.

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Petroleo Brasileiro S.A. - Petrobras operates as an integrated energy company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $26.3 billion and is part of the energy industry. The company has a P/E ratio of 2.4, below the S&P 500 P/E ratio of 24.3. Shares are down 43.3% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates Petroleo Brasileiro SA Petrobras a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, generally high debt management risk, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Petroleo Brasileiro SA Petrobras Ratings Report now.

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1. As of noon trading, Air Products & Chemicals ( APD) is down $1.46 (-1.1%) to $128.00 on average volume. Thus far, 662,461 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $127.59-$130.68 after having opened the day at $130.50 as compared to the previous trading day's close of $129.46.

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Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. The company operates in Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy segments. Air Products & Chemicals has a market cap of $28.1 billion and is part of the chemicals industry. The company has a P/E ratio of 27.4, above the S&P 500 P/E ratio of 24.3. Shares are down 10.2% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate Air Products & Chemicals a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Air Products & Chemicals as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Air Products & Chemicals 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 basic materials sector could consider Materials Select Sector SPDR ( XLB) while those bearish on the basic materials sector could consider ProShares Short Basic Materials Fd ( SBM).