<< Read Full Article
<< Read Full Article
Updated from 1:26 p.m. EST
Succumbing to the volatility that has lately plagued the market, stocks on Wall Street were losing ground Tuesday, even as the Federal Reserve announced $800 billion in new federal programs to help fix frozen credit markets.
The Dow Jones Industrial Average, up some 164 points earlier, was lately up 66 points at 8509. The S&P 500 was gaining 8 points to 859, but the Nasdaq was losing 9 points to 1462.
The major averages' opening rally followed the Fed's announcement that it would use $600 billion to buy direct obligations and mortgage-backed securities tied to the Federal Home Loan Banks and Fannie Mae (FNM Quote), Freddie Mac (FRE Quote) and Ginnie Mae. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,326.70 | 1,093.75 | 2,146.54 | 32.23 |
Oil *
77.09
|
|
DOWN
137.70
|
DOWN
16.88
|
DOWN
29.51
|
DOWN
0.56
|
10 Yr
3.22%
SPDR Gold
115.36
|
|
-1.32%
|
-1.52%
|
-1.36%
|
-1.71%
|
Data delayed 20 minutes |
Connect with TheStreet