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