--- description: Analysts blame poor earnings from retailers and glum economic reports title: Dow Falls 1% Just Days After Record Peak image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production --- * [World](/section/world/) ## World Update your preferences in [Account Settings](/account/preferences/) Close * [Economy](/tag/economy/) ## Economy Update your preferences in [Account Settings](/account/preferences/) Close # Dow Falls 1% Just Days After Record Peak by [Maya Rhodan](/author/maya-rhodan/) ## Maya Rhodan Update your preferences in [Account Settings](/account/preferences/) Close May 15, 2014 8:38 PM CUT by [Maya Rhodan](/author/maya-rhodan/) ## Maya Rhodan Update your preferences in [Account Settings](/account/preferences/) Close May 15, 2014 8:38 PM CUT The Dow Jones Industrial Average closed down on Thursday, marking the index’s second slump since last week’s [record peaks](http://time.com/94736/dow-jones-record-high-friday/ "undefined") and the worst day since early April. The Dow suffered a steep fall on Thursday, dropping 1%, or 167.16 points, to end the day at 16446.81\. S&P 500 had a similar fate, falling 17.68 points, or 0.94% to close at 1870.85\. Lackluster earnings reports from retailers Wal-Mart and Kohl’s helped bring the Dow down, [CNBC](http://www.cnbc.com/id/101676105 "undefined") reports, as did disappointing outlooks from [homebuilders](http://www.cnbc.com/id/101675736 "undefined"), a decline in industrial production and higher consumer prices in April. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/101902/dow-jones-falls-1-percent/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/101902/dow-jones-falls-1-percent/"},"headline":"Dow Falls 1% Just Days After Record Peak","datePublished":"2014-05-15T20:38:38.000Z","dateModified":"2026-02-21T07:52:31.383Z","description":"Analysts blame poor earnings from retailers and glum economic reports","url":"https://time.com/101902/dow-jones-falls-1-percent/","keywords":["Economy","Dow Jones","market"],"thumbnailUrl":"","author":[{"@type":"Person","name":"Maya Rhodan","jobTitle":null,"url":"https://time.com/author/maya-rhodan/"}],"articleSection":"World","image":[],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/world/","name":"World"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/economy/","name":"Economy"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/101902/dow-jones-falls-1-percent/","name":"Dow Falls 1% Just Days After Record Peak"}}]}] ```