Dow Today: Goldman Sachs Group (GS) Leads The Day Higher

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Dow Jones Industrial Average ( ^DJI) closed up 227 points (+1.4%) at 16,395. During the day, 383.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 402.3 million. The NYSE advances/declines ratio closed at 2,564 issues advancing vs. 495 declining with 114 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Dow component that led the way higher today was Goldman Sachs Group (NYSE: GS), which sported a $3.99 gain (+2.4%) bringing the stock to $168.73. This single gain lifted the Dow Jones Industrial Average by 30.2 points or roughly accounting for 13.3% of the Dow's overall gain. Volume for Goldman Sachs Group ended the day at 3.4 million shares traded vs. an average daily trading volume of 3.2 million shares.

Goldman Sachs Group has a market cap of $75.44 billion and is part of the financial sector and financial services industry. Shares are down 7.1% 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists