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Stocks fall back as World Bank cuts growth outlook

By Steve Rothwell
Published June 11, 2014 9:23pm ET
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Stocks fall back as World Bank cuts growth outlook
FILE - This file photo made April 22, 2010 shows a Wall Street sign in front of the New York Stock Exchange. U.S. stock futures slipped Wednesday, June 11, 2014, after the World Bank downgraded its forecast for the global economy this year, citing a bitter American winter and the political crisis in Ukraine. (AP Photo/Mark Lennihan, File) | Mark Lennihan

NEW YORK (AP) — The stock market fell back from record levels Wednesday because of a weaker forecast for global growth and concerns about airline profits.

Delta Air Lines and other carriers fell after Germany’s Lufthansa warned of smaller profits. Boeing slid after analysts said that most of the good news about the plane maker was already priced into the stock.

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