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Dow falls back below 14,000, one trading day after topping it

February 04, 2013|By David Colker
  • The Dow Jones industrial average, which broke through the 14,000 barrier Friday for the first time in five years, fell back below it in Monday morning trading.
The Dow Jones industrial average, which broke through the 14,000 barrier… (European Pressphoto Agency )

That was fast. After the Dow Jones industrial average topped the 14,000-point level Friday for the first time in more than five years, the blue-chip index reversed course Monday morning.

The average fell about 110 points, or 0.8%, after the stock market opened and was hovering at about 13,900.

Still, the Dow is up more than 6% so far this year.

The Standard & Poor's 500 index fell nearly 10 points in early trading Monday to about 1,503. And the Nasdaq composite was off nearly 15 points to about 3,164.

ALSO:

As Dow flirts with 14,000, are stocks cheap?

Dow closes above 14,000 for first the time since 2007.

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