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HP, Home Depot, Alcoa: Dow Movers

NEW YORK (TheStreet) -- U.S. stocks finished Tuesday lower following the failure of government coalition talks in Greece.

The Dow Jones Industrial Average fell 63.35 points, or 0.5%, to close at 12,632, and is now down in nine of the past ten sessions. The S&P 500 dropped 7.69 points to finish at 1331 and the Nasdaq Composite lost 9 points to settle at 2894.

Breadth within the Dow was poor with 24 of the index's 30 components posting losses.

The biggest decliners among the blue chips were Home Depot (HD), Alcoa (AA) and Hewlett-Packard (HPQ).

Shares of home improvement products retailer Home Depot fell 2.43% to $48.67 after the Atlanta-based company delivered an in-line profit for the first quarter but fell short of analyst revenue expectations.

The stock has risen 15.77% year to date.

Alcoa shares dropped 2.35% to $8.71

Shares of HP lost 2.46% to $22.40. The technology company announced Monday that it lost a lawsuit against the Internal Revenue Service, according to Reuters.

The stock has fallen 13.04% year to date.

The biggest gainer in the index was JPMorgan Chase (JPM), rising 1.3% to close at $36.24.

The bank's CEO Jamie Dimon faced angry shareholders Tuesday at the bank's shareholders meeting in Tampa, Fla.

Last week, JPMorgan disclosed a $2 billion trading loss stemming from an ill-conceived hedging strategy in the bank's credit derivatives portfolio.

The stock has risen 8.99% year to date.

--Written by Alexandra Zendrian in New York.



>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.

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