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Stocks Are Tumbling

Feb 7, 2013, 21:07 IST

Markets are falling early in the U.S. trading session.

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Earlier this morning, we learned that initial weekly jobless claims fell slightly from a week ago. However, the level was still higher than what most economists were looking for.

Still, markets are pretty close to an all-time high.

The Dow closed at an all-time high of 14,164 on October 9, 2007. The S&P 500 hit its all-time high of 1,565 on the same day.

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