Dow Jones (DJIA) 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..

The Dow Jones Industrial Average ( ^DJI) closed up 236 points (+1.3%) at 18,000. During the day, 330.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 354.8 million. The NYSE advances/declines ratio closed at 2,231 issues advancing vs. 848 declining with 134 unchanged.
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The Dow component that led the way higher today was Goldman Sachs Group (NYSE: GS), which sported a $4.11 gain (+2%) bringing the stock to $213.13. This single gain lifted the Dow Jones Industrial Average by 31.11 points or roughly accounting for 13.2% of the Dow's overall gain. Volume for Goldman Sachs Group ended the day at 2.6 million shares traded vs. an average daily trading volume of 2.5 million shares.

Goldman Sachs Group has a market cap of $90.63 billion and is part of the financial sector and financial services industry. Shares are up 7.8% year-to-date as of Tuesday's close. The stock's dividend yield sits at 1.2%.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. The company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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