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Stocks slide following Dow's rally to 14,000
Posted: Feb 4, 2013 10:27 AM by Associated Press
NEW YORK (AP) - Stocks are falling on Wall Street after the Dow Jones industrial average hit its highest level since the financial crisis last week.
On Friday the Dow closed above 14,000 for the first time since 2007, before the financial meltdown that routed world markets.
The Dow is still up 6 percent this year. Yet Wall Street's celebratory mood was a distant memory Monday, as U.S. stocks followed European markets lower. France's CAC-40 was down 2.9 percent, Germany's DAX 2.4 percent.
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