The about-face on Greece's long-awaited debt deal last Friday sent Standard & Poor's (S&P) 500 Index to its biggest daily percentage decline, ending a five-week streak of gains for equities. For weeks, investors have anxiously awaited a bailout package for Greece, so the country could avoid a messy default. An agreement finally came last week, but almost immediately ran into problems when European leaders called for additional austerity measures and some Greek lawmakers said they wouldn't support the deal. All but one of the 30 Dow Jones components ended lower, while all 10 S&P sectors fell. Some analysts viewed last Friday's decline as just a "pause" in an overall higher trend. Even with last Friday's decline, the benchmark S&P 500 Index is up 6.8% for the year and remains at seven-month highs. For the week, the Dow Jones Industrial Average fell 0.5% to 12,801.23. The S&P 500 fell 0.2% to 1,342.64. The Nasdaq Composite Index slid less than 0.1% to 2,903.88.

A strong weekly performance by two of its components sent the Government Development Bank's Puerto Rico Stock Index (PRSI) to its sixth-consecutive week of gains. For the week, the PRSI added 19.60, or 1.14%, to close at 1,740.72. Leading the list of gainers last week was First BanCorp, which surged 75¢, or 17.94%, to close at $4.93. It was followed by Triple-S Management Corp., which advanced 82¢, or 3.66%, to close at $23.21, after posting net income of $19 million for the fourth quarter and $58 million for 2011. Doral Financial Corp. inched up 3¢, or 1.94%, to close at $1.57. Leading the list of nongainers last week was Oriental Financial Group, which erased 29¢, or 2.38%, to close at $11.85. It was followed by Popular Inc., which skidded 4¢, or 2.32%, to close at $1.68.