Dow Jones closed lower on Friday

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Source: Dukascopy Bank
Dow Jones Industrial Average gave up 0.02% or 2.42 points and closed at 11,866.39 on Friday. Index gained 99 points in morning trade after Italian government approved austerity measures. Gain was offset later by Fitch Ratings report saying the agency may downgrade debt of Spain, Italy and 4 other countries. Main gainers were Home Depot Inc. and Microsoft Corp. adding 2.54% and 1.72% respectively. On the downside were IBM and Bank of America edging down 2.09% and 1.14% respectively. US blue-chip index was down 2.6% for the week.
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