Dow Today: Goldman Sachs Group (GS) Lower

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The Dow Jones Industrial Average ( ^DJI) is trading down 51.0 points (-0.3%) at 17,071 as of Thursday, Aug 28, 2014, 11:36 a.m. ET. During this time, 67.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 298.9 million. The NYSE advances/declines ratio sits at 1,053 issues advancing vs. 1,846 declining with 222 unchanged.
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Holding back the Dow today is Goldman Sachs Group (NYSE: GS), which is lagging the broader Dow index with a $1 decline (-0.6%) bringing the stock to $176.81. This single loss is lowering the Dow Jones Industrial Average by 7.57 points or roughly accounting for 14.8% of the Dow's overall loss. Volume for Goldman Sachs Group currently sits at 819,508 shares traded vs. an average daily trading volume of 2.4 million shares.

Goldman Sachs Group has a market cap of $78.38 billion and is part of the financial sector and financial services industry. Shares are up 0.3% year-to-date as of Wednesday's close. The stock's dividend yield sits at 1.2%.

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

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