Profit-takers take down Dow Jones after new high
NEW YORK, New York - Profit-taking and reality-checking set in Thursday, following the record-breaking day on Wednesday when all three major stock indices closed at all-time highs.
"The problem you have is that valuations are stretched across the board," Keeley Teton portfolio manager Brian Leonard said in an interview with CNBC Thursday.
"You're sitting at records, but there's not a lot of enthusiasm or eu