Stocks Surrender Gains, Close With Minor Losses

Updated from 4:09 p.m. EDT

Stocks on Wall Street finished a see-saw day with modest losses Tuesday after the Treasury Department outlined a plan to invest $250 billion in U.S. banks.

The Dow Jones Industrial Average, which traded up more than 400 points in the morning and down nearly 300 points in the afternoon, finished with a loss of 76.62 points, or 0.8%, at 9310.99. The S&P 500 closed down 5.34 points, or 0.5%, at 998.01. The Nasdaq gave back 65.24 points, or 3.5%, at 1779.01.

Ahead of Tuesday's session, Treasury Secretary Henry Paulson said his agency would dedicate $250 billion of the $700 billion bailout package to buying equity positions in U.S. banks. ...