All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 17,547 as of Wednesday, Dec. 16, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,993 issues advancing vs. 1,000 declining with 129 unchanged.

The Financial sector currently sits up 0.4% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the sector include BlackRock ( BLK), down 1.6%, American International Group ( AIG), down 0.7% and Charles Schwab ( SCHW), down 0.6%. Top gainers within the sector include Nomura Holdings ( NMR), up 3.0%, Orix ( IX), up 2.2%, Equifax ( EFX), up 2.1%, Western Union ( WU), up 1.9% and Simon Property Group ( SPG), up 1.9%.

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

3. Banco Santander Brasil SA/Brazil ( BSBR) is one of the companies pushing the Financial sector lower today. As of noon trading, Banco Santander Brasil SA/Brazil is down $0.07 (-1.7%) to $3.98 on heavy volume. Thus far, 1.2 million shares of Banco Santander Brasil SA/Brazil exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $3.83-$4.04 after having opened the day at $3.91 as compared to the previous trading day's close of $4.05.

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Banco Santander (Brasil) S.A. provides banking products and services in Brazil and internationally. The company offers commercial banking, investment, mortgage, leasing, credit card, and foreign exchange services, as well as various lending and financing services. Banco Santander Brasil SA/Brazil has a market cap of $30.3 billion and is part of the banking industry. Shares are down 19.3% year-to-date as of the close of trading on Tuesday. Currently there are no analysts that rate Banco Santander Brasil SA/Brazil a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Banco Santander Brasil SA/Brazil as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Banco Santander Brasil SA/Brazil Ratings Report now.

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2. As of noon trading, Bank of Nova Scotia ( BNS) is down $0.31 (-0.8%) to $40.84 on average volume. Thus far, 328,576 shares of Bank of Nova Scotia exchanged hands as compared to its average daily volume of 788,900 shares. The stock has ranged in price between $40.78-$41.26 after having opened the day at $41.17 as compared to the previous trading day's close of $41.15.

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The Bank of Nova Scotia provides various personal, commercial, corporate, and investment banking services in Canada and internationally. Bank of Nova Scotia has a market cap of $48.7 billion and is part of the banking industry. Shares are down 27.9% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Bank of Nova Scotia a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Bank of Nova Scotia as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Bank of Nova Scotia Ratings Report now.

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1. As of noon trading, Arthur J Gallagher ( AJG) is down $0.83 (-1.9%) to $42.73 on heavy volume. Thus far, 971,066 shares of Arthur J Gallagher exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $42.65-$43.60 after having opened the day at $43.58 as compared to the previous trading day's close of $43.56.

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Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage and risk management services in the United States and internationally. It operates through three segments: Brokerage, Risk Management, and Corporate. Arthur J Gallagher has a market cap of $7.6 billion and is part of the insurance industry. Shares are down 7.5% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Arthur J Gallagher a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Arthur J Gallagher as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. 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 Arthur J Gallagher 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).