– National

Stocks posted their first big losses of the year Thursday as rising oil prices and analyst downgrades of the Coca-Cola Co. and JPMorgan Chase & Co. prompted investors to take profits one session after the major indexes reached new multiyear highs.

The Dow Jones Industrial Average fell 81.08, or 0.7 percent, to 10,962.36. The S & P; 500 slipped 8.12, or 0.6 percent, to 1,286.06. The Nasdaq Composite Index lost 14.67, or 0.6 percent, to 2,316.69.

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– Local


Local movers were led by Teledyne Technologies Inc., which gained 4.7 percent to $32.25, and IHOP Corp., which rose by 1.9 percent to $51.26. On the down side, Ryland Group Inc. slipped 3.6 percent to $79.44 and Occidental Petroleum Corp. fell 2.9 percent to $87.82.