HPQ, CVX, AA: Dow Midday Movers

NEW YORK ( TheStreet) - U.S. stocks were mixed midday Wednesday as Federal Reserve Chairman Ben Bernanke gave some bearish comments about Europe.

The Dow Jones Industrial Average fell 32.66 points to 13,137.53. Leading the Dow lower were Hewlett-Packard ( HPQ), Chevron ( CVX) and Alcoa ( AA).

Shares of HP declined 1.96% to $23.51. The technology company is merging its PC and printer divisions in a cost-cutting move.

TheStreet Ratings gives HP a C+ grade and a hold rating.

Chevron shares fell 1.28% to $107.68. The energy company was "careless" and used more pressure than necessary when it was drilling in Brazil, which subsequently caused a spill, said Rio de Janeiro State Environment Secretary Carlos Minc, Bloomberg reported.

Chevron gets an A grade from TheStreet Ratings with a buy rating and a $135.46 price target.

Shares of Alcoa dropped 1.25% to $10.31. TheStreet Ratings gives Alcoa a C grade and a hold rating.

The biggest gainer in the index midday Wednesday was Home Depot ( HD). Shares rose 42 cents, or 0.85%, to $49.80.

In the news Wednesday, Home Depot is trying for the third time to put a store in the San Francisco area, the San Francisco Business Times reported.

TheStreet Ratings gives Home Depot an A+ grade with a buy rating and a $59.06 price target.

-- Written by Alexandra Zendrian

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.

More from Investing

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Why the FANG Stocks' Dominance May Not Be So Bad for the Market

Why the FANG Stocks' Dominance May Not Be So Bad for the Market

At End of May, Investors Signalling They May Stay Away

At End of May, Investors Signalling They May Stay Away

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever