Dow Today: Goldman Sachs Group (GS) Higher

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The Dow Jones Industrial Average ( ^DJI) is trading up 117 points (+0.7%) at 16,389 as of Friday, Feb 28, 2014, 12:35 p.m. ET. During this time, 159.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 400.9 million. The NYSE advances/declines ratio sits at 2,050 issues advancing vs. 906 declining with 141 unchanged.
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The Dow component leading the way higher looks to be Goldman Sachs Group (NYSE: GS), which is sporting a $2.15 gain (+1.3%) bringing the stock to $167.53. This single gain is lifting the Dow Jones Industrial Average by 16.27 points or roughly accounting for 13.9% of the Dow's overall gain. Volume for Goldman Sachs Group currently sits at 1.8 million shares traded vs. an average daily trading volume of 3.2 million shares.

Goldman Sachs Group has a market cap of $73.79 billion and is part of the financial sector and financial services industry. Shares are down 6.7% year to date as of Thursday's close. The stock's dividend yield sits at 1.4%.

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.

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