Wall Street trims losses as banks rise

By IBTimes Staff Reporter | April 06 2010 11:48 AM

Stocks cut losses on Tuesday to trade flat as brokerage comments on banks lifted the sector, offsetting worries about the impact of rising Treasury yields on the housing market.

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The Dow Jones industrial average <.DJI> dipped 4.77 points, or 0.04 percent, to 10,968.78. The Standard & Poor's 500 Index <.SPX> added 0.87 points, or 0.07 percent, to 1,188.31. The Nasdaq Composite Index <.IXIC> inched up 1.78 points, or 0.07 percent, at 2,431.31. (Reporting by Leah Schnurr; Editing by Padraic Cassidy)

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