Stocks fall again as bulls lose some of their swagger

It appears the bulls are starting to lose confidence, as the Dow Jones Industrial Average fell for the second day, declining 186 points, or 2.3 percent, to close at 7,790. With a deluge of earnings announcements just over the horizon and a very likely dismal first-quarter gross domestic product reading due at the end of the month, investors have evidently decided it's wise to take some money off the table for now.

All but two of the Dow's 30 components fell during today's session; Citigroup rose slightly and Microsoft was unchanged.