Dow Jones Industrial Average gives up 1% on Friday

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Source: Dukascopy Bank
Dow Jones Industrial Average index traded lower on Friday as data showed US consumer confidence weakened in the beginning of April amid surging Spanish bond yields. 28 out of 30 stocks ended up in the negative territory. Blue chip index fell 1.05% or 136.99 points and closed at 12,849.59 led by banking shares. Bank of America plunged 5.3% while JP Morgan Chase sank 3.6%. On the upside home improvement retailer Home Depot whereas food and beverage producer Kraft Foods rose 0.6% and 0.7% respectively. 

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