NEW YORK (
) - Stocks finished mixed on Friday with the
Dow Jones Industrial Average
once 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,
to close at $27.05. The PC and printer manufacturer issued a weak outlook for its current quarter.
TheStreet Ratings
gives HP a
and a hold rating.
Bank of America shares dropped 1.75% to $7.88. The bank said Thursday that it would
new home loans to Fannie Mae.
Bank of America gets a
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
price target.
The biggest percentage gainers in the index were
American Express
(AXP) - Get Report
,
Pfizer
(PFE) - Get Report
and
Chevron
(CVX) - 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,
Bloomberg
reported.
TheStreet Ratings
gives American Express an A grade with a buy rating and
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
Bloomberg
.
TheStreet Ratings
gives Chevron an A grade with a buy rating and a
price target.
Pfizer shares ticked up 15 cents to $21.18.
TheStreet Ratings
gives Pfizer an A- grade with a buy rating and a
price target.
--
Written by Alexandra Zendrian in New York
.
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Alexandra Zendrian
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