Stock market today: Wall Street falls again as its big rally cools some more

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Jun 17, 2007
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NEW YORK (AP) — Stocks are falling again Thursday as Wall Street’s red-hot rally this year cools a bit more. The S&P 500 was 0.5% lower in early trading and on pace for a third straight loss after hitting a 16-month high. The Dow Jones Industrial Average was down 143 points, or 0.4%, at 35,139, as of 9:40 a.m. Eastern time, and the Nasdaq composite was 0.3% lower. A day earlier, U.S. stocks tumbled to their worst loss in months. While the drop came after Fitch Ratings downgraded the U.S. governm
 
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