Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 88 points (-0.5%) at 17,785 as of Tuesday, May 31, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,627 issues advancing vs. 1,333 declining with 171 unchanged.

The Telecommunications industry currently sits up 0.7% versus the S&P 500, which is down 0.2%. A company within the industry that fell today was Telecom Italia SpA ( TI.A), up 2.8%. A company within the industry that increased today was China Unicom (Hong Kong ( CHU), up 2.0%.

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

3. BT Group ( BT) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, BT Group is down $0.90 (-2.7%) to $32.56 on average volume. Thus far, 134,019 shares of BT Group exchanged hands as compared to its average daily volume of 233,500 shares. The stock has ranged in price between $32.54-$33.23 after having opened the day at $33.21 as compared to the previous trading day's close of $33.46.

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BT Group plc provides communications services worldwide. BT Group has a market cap of $66.7 billion and is part of the technology sector. Shares are down 3.3% year-to-date as of the close of trading on Friday. Currently there are 3 analysts that rate BT Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates BT Group 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 and expanding profit margins. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full BT Group Ratings Report now.

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2. As of noon trading, Nippon Telegraph & Telephone ( NTT) is down $0.27 (-0.6%) to $43.64 on light volume. Thus far, 90,195 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 315,200 shares. The stock has ranged in price between $43.56-$43.89 after having opened the day at $43.79 as compared to the previous trading day's close of $43.91.

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Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides fixed and mobile voice related services, IP/packet communications services, telecommunications equipment, and system integration and other telecommunications-related services in Japan and internationally. Nippon Telegraph & Telephone has a market cap of $92.0 billion and is part of the technology sector. Shares are up 10.5% year-to-date as of the close of trading on Friday. Currently there is 1 analyst that rates Nippon Telegraph & Telephone a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Nippon Telegraph & Telephone as a buy. 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, solid stock price performance, impressive record of earnings per share growth and compelling growth 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 Nippon Telegraph & Telephone Ratings Report now.

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1. As of noon trading, Telefonica ( TEF) is down $0.10 (-0.9%) to $10.44 on average volume. Thus far, 951,297 shares of Telefonica exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $10.39-$10.62 after having opened the day at $10.60 as compared to the previous trading day's close of $10.54.

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Telefonica, S.A. provides mobile and fixed communication services primarily in the European Union and Latin America. Telefonica has a market cap of $52.4 billion and is part of the technology sector. Shares are down 4.7% year-to-date as of the close of trading on Friday. Currently there is 1 analyst that rates Telefonica a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Telefonica as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Telefonica 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 telecommunications industry could consider iShares Dow Jones US Telecom ( IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication ( TLL).