Updated from 9:07 a.m. EDT
Stocks on Wall Street followed Monday's strong rally with an open to the downside Tuesday as traders digested the government's takeover of mortgage giants Fannie Mae (FNM Quote) and Freddie Mac (FRE Quote).
The Dow Jones Industrial Average lost 26 points to 11,484, and the S&P 500 fell 5.6 points to 1262. The Nasdaq dropped 4 points to 2266.
On Monday, the major indices finished with solid gains following the government takeover of Fannie and Freddie. The two companies have been at the epicenter of the housing and credit crises, and questions about their solvency had contributed to worries about the entire financial-services industry. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,390.11 | 1,103.25 | 2,189.61 | 33.73 |
Oil *
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