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Stocks slumped on Wall Street, led by a sharp slide in technology companies after Apple reported a slowdown in iPhone sales over the holidays in China.

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The Dow Jones industrial average is breaking through another milestone, closing above 18,000 points for the first time following more encouraging news on the U.S. economy.

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Major U.S. stock indexes are back at record highs after a turbulent month. Stocks rallied in the U.S. and overseas after Japan's central bank surprised investors with a new round of economic stimulus.

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A slump in gold prices is creating a hole in Nevada's state coffers. State officials say revenue for the net proceeds tax is about $70 million short of projections made a year ago.