All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 134 points (-0.7%) at 17,815 as of Tuesday, July 5, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 682 issues advancing vs. 2,296 declining with 110 unchanged.

The Financial Services industry currently sits down 0.8% versus the S&P 500, which is down 0.8%. On the negative front, top decliners within the industry include OneMain Holdings ( OMF), down 7.1%, Principal Financial Group ( PFG), down 4.8%, Navient ( NAVI), down 4.7%, Credit Acceptance ( CACC), down 4.6% and Blackstone Group ( BX), down 4.4%.

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

3. Bank of New York Mellon ( BK) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Bank of New York Mellon is down $0.84 (-2.2%) to $37.20 on heavy volume. Thus far, 5.3 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $37.02-$37.65 after having opened the day at $37.65 as compared to the previous trading day's close of $38.04.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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 $41.0 billion and is part of the financial sector. Shares are down 7.7% year-to-date as of the close of trading on Friday. Currently there are 8 analysts that rate Bank of New York Mellon a buy, 1 analyst rates it a sell, and 5 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 growth in earnings per share, increase in net income, attractive valuation levels, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Bank of New York Mellon Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading, American Express ( AXP) is down $1.20 (-2.0%) to $59.49 on average volume. Thus far, 2.1 million shares of American Express exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $59.19-$60.39 after having opened the day at $60.22 as compared to the previous trading day's close of $60.69.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. It operates through four segments: U.S. American Express has a market cap of $57.7 billion and is part of the financial sector. Shares are down 12.7% year-to-date as of the close of trading on Friday. Currently there are 4 analysts that rate American Express a buy, 6 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates American Express as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, poor profit margins and a generally disappointing performance in the stock itself. Get the full American Express Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading, Goldman Sachs Group ( GS) is down $3.71 (-2.5%) to $144.54 on average volume. Thus far, 1.7 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $144.04-$146.94 after having opened the day at $146.72 as compared to the previous trading day's close of $148.25.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. Goldman Sachs Group has a market cap of $61.6 billion and is part of the financial sector. Shares are down 17.7% year-to-date as of the close of trading on Friday. Currently there are 7 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group 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, disappointing return on equity and weak operating cash flow. Get the full Goldman Sachs Group Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).