Dow Jones Industrial Average slightly lower as Wal-Mart extends decline

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Source: Dukascopy Bank
Dow Jones Industrial Average index closed lower on Wednesday as investors remained cautious regarding long term stability of Greece and several companies released earnings reports. Blue chip index fell 0.21% or 27.02 points to 12,938.67. Wal-Mart Stores posted the biggest loss for the index and extended its decline, giving up 2.5%. On Tuesday company reported disappointing 4th quarter profit. Hewlett Packard fell 1.4% after the firm posted a 44% drop in profit due to slowdown in PC sales. 

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