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DOW DOWN A BIT AFTER HITTING RECORD HIGH

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The stock market, which hit a record high Monday when the Dow Jones Industrial Average broke the 3,400 barrier, had given back some of those gains early Tuesday.

After an hour and a half of trading, the Dow was down 8.04 points, at 3,405.17.Declining issues outnumbered gainers on the New York Stock Exchange by almost 4 to 3, with 621 up, 768 down and 622 unchanged.

Volume on the Big Board came to 69.37 million shares as of 11 a.m. on Wall Street.

The NYSE's composite index of all its listed common stocks was down 1.19 at 227.68. At the American Stock Exchange, the market value index was down .63 at 394.21.