Summary
NEW YORK -- Stocks gave up a healthy advance and closed slightly lower Tuesday as investors suffered another bout of anxiety over President Barack Obama's plan to regulate banks. Uneasiness about Obama's plan to limit the size and trading operations of big banks pulled financial stocks and then the entire market lower. News reports that Paul Volcker, the head of the President's Economic Recovery Advisory Board, would testify before Congress next week, helped turn the market around.
The drop was the market's fifth in seven days.See the full content of this document
Extract
Regulatory Plans Rain On Investors' Parade
The market had climbed most of the day on upbeat economic and corporate e...
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