) -- Stocks were mixed Friday

following a disappointing read on fourth-quarter gross domestic product



Dow Jones Industrial Average

dropped 74.17 points, or 0.58%, to 12,660.46 Friday. The

S&P 500

fell 2.11 points to 1,316.32 and the

Nasdaq Composite

rose 11.27 points to 2,816.55.

Breadth within the Dow was negative with 27 of the 30 components posting losses.


(INTC) - Get Report

closed flat.

The biggest percentage decliners among the blue chips were


(CVX) - Get Report


Exxon Mobil

(XOM) - Get Report



(CSCO) - Get Report


Chevron declined 2.47% to $103.96. Early Friday, the oil giant reported fourth-quarter profit of $5.1 billion, or $2.58 a share, down from $5.3 billion, or $2.64 a share, a year earlier and below analysts' expectations of $2.85 a share.

Upstream earnings

were $5.7 billion, down from $6.2 billion the previous year.

TheStreet Ratings

gives Chevron an A grade and a buy rating with a


price target.

Cisco shares fell 1.36% to $19.56 after competitor

Juniper Networks

(JNPR) - Get Report

issued weak first-quarter guidance. Analysts, however, believe Cisco may be taking market share away from



Cisco gets a B grade and a buy rating from

TheStreet Ratings

with a


price target.

Exxon Mobil shares dropped 1.08% to $85.83.

TheStreet Ratings

gives Exxon Mobil a B+ grade and a buy rating with a


price target.


(AA) - Get Report


United Technologies

were the biggest percentage gainers among the blue chips, although both stocks rose less than 1%.


Written by Alexandra Zendrian


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Alexandra Zendrian