U.S. stocks on Tuesday turned lower after two days of gains, with the financial sector weighing the most in a broad market retreat. For about seven days in a row now we ve held ground but been in a sideways pattern, said Randy Frederick, director of trading and Derivatives at the Schwab Center for Financial Research.
U.S. stocks lapse into the red after two-day rise (at MarketWatch)
March - 30 - 2010
US STOCKS SNAPSHOT-Wall St loses ground as financials weigh (at Reuters)
March - 30 - 2010
U.S. stocks turned negative on Tuesday as shares of financial services and energy companies slipped, derailing an earlier advance that followed some reassuring economic reports.
Brace For 5-10% Market Correction: Portfolio Manager (at CNBC)
March - 30 - 2010
Markets climbed on Tuesday following some big news in the smartphone industry and on a strong consumer-confidence report. How long will stocks continue to rally? David Hefty, CEO of Cornerstone Wealth Management, and Sarat Sethi, partner and portfolio manager at Douglas C.
Dow Adds to Gains as Consumers A Tad More Confident (at Barron s Online)
March - 30 - 2010
US STOCKS-Wall St up on consumer data; Apple gains (at Reuters)
March - 30 - 2010
* Consumer confidence improves in March * January home prices rise-S&P/Case-Shiller * Apple may be working on iPhone for Verizon-WSJ
Retail stocks rose Tuesday on a key report showing January home prices in 20 major U.S. cities rose more than economists expected, a trend that points toward more consumer spending on furnishings and appliances.
US stocks gain on mixed housing data (at Financial Times)
March - 30 - 2010
US stocks opened on a muted note on Tuesday morning, with investors anticipating Friday s US non-farm payroll numbers. The S&P/Case-Shiller home price index, which tracks monthly changes in the value of residential real estate in 20 metropolitan regions across the US, showed rising home prices in January on a seasonally-adjusted basis.