US stocks down 206

US stocks posted their first noteworthy losses of 206 today as analyst downgrades of two Dow Jones industrials and rising oil prices prompted investors to take profits just one trading session after the major indexes reached new highs.

Analysts said Coca-Cola and JPMorgan Chase 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.