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Updated from 9:44 a.m. EDT
Stocks on Wall Street were churning near the baseline Tuesday as investors continued to digest the government's takeover of mortgage giants Fannie Mae (FNM Quote) and Freddie Mac (FRE Quote).
The Dow Jones Industrial Average was recently up 11 points to 11,522, and the S&P 500 ticked up 1.9 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, which was announced over the weekend. 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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