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Why These Dow Stocks Dropped Today

Dan Caplinger
March 27, 2012

After yesterday's big jump, Tuesday was a disappointment for the stock market. Worries about housing prices, which fell again to their lowest levels in nearly a decade, have many wondering whether the big rally in stocks needs to reverse. Although the stock market traded nearly flat most of the day, it fell late, with the Dow Jones Industrials (INDEX: ^DJI  ) closing down 44 points at 13,198.

Let's look at three stocks that contributed to the Dow's losses today.

Bank of America (NYSE: BAC  ) , down 3.3%
Too-big-to-fail banks have been doing very well this year, and B of A has been the best of the bunch. With the stock having gone from barely over $5 to $10 in the span of just a couple of months, investors have been