Dow Jones Industrial Average slipped on Wednesday after Reserve disappointed investors lowering growth forecast for 2012 and expanding only Operation Twist program instead of expected quantitative easing. Blue chip index dropped 0.1% or 12.94 points and closed at 12,824.39. Procter & Gamble fell 2.9% after the world's largest consumer-goods enterprise cut its earnings and revenue outlook for the second time almost two months. JP Morgan supported index on the upside adding 3%.