Dow Today: Chevron (CVX) Leads The Day Higher, Goldman Sachs Group (GS) Lags

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The Dow Jones Industrial Average ( ^DJI) closed down 34.0 points (-0.2%) at 16,418. During the day, 277.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 400.7 million. The NYSE advances/declines ratio closed at 1,303 issues advancing vs. 1,706 declining with 149 unchanged.
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The Dow component that led the way higher today was Chevron (NYSE: CVX), which sported a 76-cent gain (+0.7%) bringing the stock to $115.84. Volume for Chevron ended the day at 6.2 million shares traded vs. an average daily trading volume of 6.5 million shares.

Chevron has a market cap of $219.26 billion and is part of the basic materials sector and energy industry. Shares are down 8.1% year to date as of Friday's close. The stock's dividend yield sits at 3.5%.

Chevron Corporation, through its subsidiaries, is engaged in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream.

TheStreet Ratings rates Chevron as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

Holding the Dow back today was Goldman Sachs Group (NYSE: GS), which lagged the broader Dow index with a 75-cent decline (-0.4%) bringing the stock to $173.51. This single loss is lowering the Dow Jones Industrial Average by 5.68 points or roughly accounting for 16.7% of the Dow's overall loss. Volume for Goldman Sachs Group ended the day at 2.2 million shares traded vs. an average daily trading volume of 3.2 million shares.

Goldman Sachs Group has a market cap of $78.15 billion and is part of the financial sector and financial services industry. Shares are down 2.6% year to date as of Friday's close. The stock's dividend yield sits at 1.3%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, increase in stock price during the past year, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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