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US Stocks Extend Gains To 4th Day; Banks Falter

Stock quotes in this article: AXP , BZH , DDUP , EMC , GM , GS , JPM , MS , NTAP , TOL  

TIM PARADIS

NEW YORK (AP) — Stocks tacked on modest gains Tuesday to extend a rally to a fourth day following a strong rise in pending home sales, the latest encouraging signal for the troubled housing market.

The Dow Jones industrial average briefly pushed into the black for 2009 but ended 35.5 points below the break-even mark. In March, the blue chips were down 25.4 percent for the year.

A slump in financial shares kept overall buying in check as several big banks said they would sell more stock to repay federal bailout money. The modest moves followed huge gains on Monday, when indicators jumped more than 2 percent on positive signs for manufacturing and other good economic signals. ...

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