Dow Jones Industrial Average declined on Monday as scepticism over the outcome of upcoming Greek elections returned. Blue chip index shed 1.14% or 142.97 points and closed at 12,411.23. 26 out of 30 companies finished red, driven mainly by financials and growth linked heavy manufacturers. Hewlett Packard and Bank of America led the fall, giving up 4% and 3.7% respectively. JP Morgan lost 2.6% and Caterpillar descended 2.8%. Analysts suggest investors are cautious before further Spain's actions.