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Stocks close lower, Dow and S&P 500 dip below record highs

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Julie Hyman News

Market Averages,Record Highs,Market Domination

On the heel of record highs, market averages (^DJI, ^IXIC, ^GSPC) are falling back below their historic benchmarks. The Dow Jones Industrial Average falls...

Let's get you up to speed on the action from today's session sponsored by Tasty Trade, let's start with where the major averages ended.We touched down 40,000 earlier in the day between 10 and 11 a.m. And then we didn't stay there.

If we look at the Dow components to see kind of what happened here and what dragged things down, I'm going to equal weight just to give us a look here.Caterpillar down 2.5% Home Depot, Amazon and Sales Force rounding out from the week performers, Wal Mart numbers and the stock rising after its earnings was not enough to salvage the Dow here and then I also want to take a look at the sectors within the S and P 500.

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