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.
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at firstname.lastname@example.org, and include the name of the story and information on the comment.
Thank you! KSBY.com
Get deals up to 80% off here!
Find the lowest gas prices in your area
Submit your photos to KSBY
Check out our calendar of events
Watch Daybreak Web Videos in full
Save with Hot Deals across our counties!
Events across the Central Coast
Follow The CW5 on Facebook.
The KSBY online public file.
What do you think? Leave us your feedback.
KSBY is your official CA Lottery station for San Luis Obispo and Santa Barbara Counties