Dow Jones down 0.7% on Friday, 0.5% for the week

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Source: Dukascopy Bank
Dow Jones Industrial Average Index weakened rapidly on Friday, weighted down by renewed worries on Greece rescue plan. Blue chip index slumped 0.7% or 89.23 points to 12,801.23 with 29 of 30 companies posting declines. Alcoa led the drop, tumbling 3.3% and Caterpillar lost 1.9% as investors sold stocks of firms most linked to economic growth. Among main decliners were also chemical company Du Pont and IT technology giant Hewlett Packard, each giving up 1.4% and 1.3% respectively. On weekly basis Dow Jones index fell 0.5%. 

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