Dow Today: Goldman Sachs Group (GS) Leads The Day Higher, Nike (NKE) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up 73 points (+0.5%) at 15,445. During the day, 512.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 369.3 million. The NYSE advances/declines ratio closed at 2,086 issues advancing vs. 973 declining with 124 unchanged.
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The Dow component that led the way higher today was Goldman Sachs Group (NYSE: GS), which sported a $1.94 gain (+1.2%) bringing the stock to $161.76. This single gain lifted the Dow Jones Industrial Average by 14.68 points or roughly accounting for 20.1% of the Dow's overall gain. Volume for Goldman Sachs Group ended the day at 3.3 million shares traded vs. an average daily trading volume of 2.9 million shares.

Goldman Sachs Group has a market cap of $74.38 billion and is part of the financial sector and financial services industry. Shares are down 9.8% year to date as of Monday's close. The stock's dividend yield sits at 1.3%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Goldman Sachs Group as a buy. Among the primary strengths of the company is its solid stock performance, considering both the consistency and magnitude of the price movement over time. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding the Dow back today was Nike (NYSE: NKE), which lagged the broader Dow index with a 37-cent decline (-0.5%) bringing the stock to $70.51. Volume for Nike ended the day at 3.5 million shares traded vs. an average daily trading volume of 3.5 million shares.

Nike has a market cap of $51.54 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 9.9% year to date as of Monday's close. The stock's dividend yield sits at 1.3%.

NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide. The company has a P/E ratio of 24.8, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Nike as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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