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NEW YORK (
TheStreet) - Stocks finished mixed on Friday with the
Dow Jones Industrial Averageonce again unable to hold the 13,000 level.
The Dow fell 1.74 points, or 0.01%, to 12,982.95. The
S&P 500 rose 2.28 points to 1,365.74 and the
Nasdaq Composite increased 6.77 points to 2,963.75.
Breadth within the Dow was positive with 16 of the index's 30 components posting gains.
The biggest decliners in the index were
Bank of America(BAC - Get Report),
Hewlett-Packard(HPQ - Get Report) and
DuPont(DD - Get Report).
Shares of Hewlett-Packard fell 1.52% to $26.64 on Friday. HP was the biggest decliner in the Dow on Thursday,
falling 6.53% to close at $27.05. The PC and printer manufacturer issued a weak outlook for its current quarter.
TheStreet Ratings gives HP a
C grade and a hold rating.
Bank of America shares dropped 1.75% to $7.88. The bank said Thursday that it would
stop selling new home loans to Fannie Mae.
Bank of America gets a
D+ grade from
TheStreet Ratings and sell rating.
Shares of DuPont ticked down 44 cents to $50.99.
TheStreet Ratings gives DuPont an A- grade with a buy rating and
$58.36 price target.
The biggest percentage gainers in the index were
American Express(AXP - Get Report),
American Express shares increased 1.25% to $53.33. The credit card company faces enforcement from the Consumer Financial Protection Bureau and Federal Deposit Insurance Corporation regarding late fees that were given to some customers,
TheStreet Ratings gives American Express an A grade with a buy rating and
$64.28 price target.
Shares of Chevron rose 73 cents to $109.08. The energy company has started looking for shale gas in China and it expects to open a natural gas processing plant there next year, according to
TheStreet Ratings gives Chevron an A grade with a buy rating and a
$138.98 price target.
Pfizer shares ticked up 15 cents to $21.18.
TheStreet Ratings gives Pfizer an A- grade with a buy rating and a
$26.30 price target.
Written by Alexandra Zendrian in New York.
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