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Stocks ended a volatile session lower, with financial stocks weighing heavily on the indicies.
The Dow finished the day down 56.58. The Nasdaq Composite lost 2.06. And the S&P 500 closed lower by 10.59.
Here are 7 Stocks You Need to Know for Tuesday
Shares of General Motors (GM | Quote | Chart | News | PowerRating) were higher early on Monday on the company's insistence that the only line under consideration for possible cancellation is their Hummer brand of SUVs.
Both Fannie Mae (FNM | Quote | Chart | News | PowerRating) and Freddie Mac (FRE | Quote | Chart | News | PowerRating) were sold aggressively on Tuesday, with Freddie Mac down more than 25% by mid-day.
A Barron's article this weekend suggested that earnings per share for egg producer Cal-Maine (CALM | Quote | Chart | News | PowerRating) may climb by 290%.
Pepsi Bottling Group (PBG | Quote | Chart | News | PowerRating) reports earnings tomorrow morning before the bell. Analysts are expecting earnings per share of $0.75.
Microsoft (MSFT | Quote | Chart | News | PowerRating) announced that it would consider reopening its bid for Yahoo! (YHOO | Quote | Chart | News | PowerRating) if the company's board were to be replaced.
Do you think that Microsoft will be Up or Down on Wednesday? Play the TradingMarkets Up or Down Stock Contest for your chance to win $1,000 a month by correctly guessing the direction of a stock!
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