Bank of America, HP, United Technologies: Dow Movers
The Dow Jones Industrial Average lost 121 points, or 0.93%, to close at 12,823. The blue-chip index still managed to book a 0.46% gain and it's up 4.95% year-to-date.
Breadth within the Dow was negative with 27 of the index's 30 components posting losses.
The biggest percentage decliners were Bank of America
Bank of America shares declined 2.62% to $7.07. The bank's stock has risen 27.16% year to date.
Shares of United Technologies lost 2.1% to $74.23. The stock has risen 1.56% year to date.
Hewlett-Packard shares fell 2.57% to $18.60. The printer company declared its regular quarterly dividend of 13.2 cents a share on Friday.
HP's stock has fallen 27.78% year to date.
Though not one of the biggest laggards, shares of Travelers lost 1.54% to $62.71. The stock has risen 5.98% so far in 2012. The insurance giant Thursday reported a profit for the second quarter, a swing from a year-earlier loss, but earnings came in below analysts' expectations.
The biggest gainer in the blue-chip index was Wal-Mart
--Written by Alexandra Zendrian in New York.
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