TradingMarkets 7 Stocks You Need to Know for Tuesday
Stocks bounded higher on Monday, two days after the major market indexes reached significant oversold extremes. The Nasdaq, for its part, was up far more
modestly than the blue chip indexes.
The Dow ended higher by 289.78. The Nasdaq Composite finished the day ahead 13.88 and the S&P 500 gained 25.48 on the day.
Here are 7 Stocks You Need to Know for Tuesday.
U.S. Treasury secretary Henry Paulson announced over the weekend that the federal government would be taking over Fannie Mae
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PowerRating) and Freddie Mac
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PowerRating).
Responding to two days of oversold extremes, shares of Walt Disney Company
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Financials were among the day’s biggest gainers on Monday, with Citigroup
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Home Depot
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PowerRating) set new year-to-date highs on the first trading day of the week, climbing by more than 5% on the day.
One financial that did not do well on Monday, Washington Mutual
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PowerRating), ousted its CEO Kerry Killinger amid increased regulatory scrutiny over the savings and loan’s business practices.
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