TradingMarkets 7 Stocks You Need to Know for Tuesday

Stocks ended lower on Monday, with news of Microsoft's decision to withdraw its bid for Yahoo! casting a shadow over the session's trading.

The Dow was down -88.66.  The S&P 500 ended the day down -6.41.  And the Nasdaq Composite was off by -12.86.

Here are 7 Stocks You Need to Know for Monday:

Yahoo (YHOO | Quote | Chart | News | PowerRating) rallied late in the day to finish down 15% after Microsoft withdrew its bid for the company.

Shares of Sprint (S | Quote | Chart | News | PowerRating) rallied on the news that the company was considering selling or spinning off Nextel as an independent entity.

Fannie Mae (FNM | Quote | Chart | News | PowerRating) announces earnings before the open on Tuesday, with analysts expecting EPS of -$0.81.

Bank of America (BAC | Quote | Chart | News | PowerRating) announced that it planned to complete its take over of  Countrywide Financial despite an analyst report critical of the takeover.

Reporting earnings before the market opens on Tuesday, Sara Lee (SLE | Quote | Chart | News | PowerRating) is expected to announce earnings per share of $0.24.

The box office success of "Ironman" encouraged traders to bid shares of Marvel Entertainment (MVL | Quote | Chart | News | PowerRating) higher by more than 9% on Monday.

Shares of General Motors (GM | Quote | Chart | News | PowerRating) lost more than 3% on news of a labor dispute at a plant in Kansas.

Do you think that Sprint will close up or down on Tuesday? Play TradingMarkets Up or Down Daily Stock Contest and you could win over $12,000 in cash prizes for predicting the direction of a stock!