NEW YORK: Stocks posted their first noteworthy losses of 2006 Thursday as analyst downgrades of two Dow Jones industrials and rising oil prices prompted investors to take profits one session after the major indexes reached new multiyear highs.
Analysts said The Coca-Cola Co. and JPMorgan Chase & Co. could face difficulties in 2006 as the economy slows and consumers limit their spending _ both of which could have a much broader impact on stocks as the year goes on.
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