Stocks hit a big milestone, then promptly spun off the road. Major indexes dived the most this year Monday, the first trading day after the Dow broke 14,000 and closed at its highest level since the financial crisis. The Dow Jones industrial average dropped as much as 143 points in afternoon trading.
The Dow closed down 129.71 points, or 0.9 percent, at 13,880.08.
The Standard & Poor's 500 index fell 17.46 points, or 1.2 percent, to 1,495.71.
The Nasdaq composite index lost 47.93, or 1.5 percent, to 3,131.17.
For the year:
The Dow is up 775.94 points, or 5.9 percent.
The S&P 500 is up 69.52, or 4.9 percent.
The Nasdaq is up 111.66, or 3.7 percent.
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