This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
NEW YORK (
TheStreet) -- U.S. stocks fell Tuesday as consumer confidence
slipped slightly in March and data showed that
home prices dropped in January.
Dow Jones Industrial Average fell 43.9 points, or 0.33%, to 13,197.73. The
S&P 500 dropped 3.99 points to 1,412.52 and the
Nasdaq Composite lost 2.22 points to 3,120.35.
Breadth within the Dow was negative with 22 of the index's 30 components posted losses.
Intel(INTC) ended Tuesday flat.
The biggest percentage decliners in the index were
Bank of America(BAC - Get Report),
Verizon(VZ - Get Report) and
Alcoa(AA - Get Report).
Shares of Bank of America fell 1.71% to $9.76. The bank was
downgraded to neutral from outperform at Robert W. Baird on Tuesday.
TheStreet Ratings gives Bank of America a
C- grade and a hold rating.
Verizon shares dropped 1.7% to $38.66.
TheStreet Ratings gives Verizon a B- grade with a buy rating and
$47 price target.
Shares of Alcoa fell 1.57% to $10.06. Alcoa gets a
C grade and hold rating.
The biggest percentage gainer among the blue chips and the only stock with an increase of more than 1% was
Pfizer(PFE - Get Report).
Pfizer shares rose 1.53% to $22.50 on heavy volume. The stock hit a
52-week high Monday of $22.80 in intraday action.
Goldman Sachs said Tuesday that Pfizer might be the next Dow component to
Pfizer gets an A- grade from
TheStreet Ratings with a buy rating and a
$28.52 price target.
Written by Alexandra Zendrian in New York.
>To contact the writer of this article, click here:
>To submit a news tip, send an email to:
>To follow the writer on Twitter, go to