Wall Street trims losses as banks rise

 @ibtimes
on 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.

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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