NEW YORK CITY

(Corrected to remove incorrect reference in 17th paragraph to Wet Seal's sales missing expectations)

Stocks mostly fell on Wednesday as Pfizer's disappointing outlook weighed on the health sector, and President Obama's pledge to complete banking and healthcare reform revived fears of increased regulation.

The stock market ended lower on Wednesday, snapping a two day rally while the dollar reversed its two day slide.

Even the most creative media executives would have been hard pressed a year ago to conjure up a world of solid profits, soaring stock prices and cash stockpiles big enough to support higher dividend payouts.

After a two day rally, the stock market is struggling on Wednesday with a slight decline in morning trading as mixed economic data is released.

Semiconductor company Microchip Technology Inc said it would buy flash chip maker Silicon Storage Technology for about $273 million in cash and reported third quarter results which beat market expectations.

The stock market continued its rally to close for a gain on Tuesday despite a fall in banking sector shares ahead of testimony from White House advisor Paul Volcker.

U.S. stocks rose on Monday in mid-day trading after manufacturers reported better than expected earnings this morning.

Global stock markets shook off declines early in the Asian session as commodities firms lead the rally.

New York's famed Bloomingdale's department store opened its doors in the Middle East's biggest mall on Sunday in its first foray outside its home market.

Citigroup has increased its stake in a Chilean financial firm that controls the country's No. 2 bank, Banco de Chile, in an operation worth $513 million, the firm's parent company said on Friday.

Real estate tycoon Donald Trump is considering whether to either buy or manage Stuyvesant Town and Peter Cooper Village housing complex in Manhattan, the New York Post reported.

Macy's Inc said it is cutting some store-level jobs and adding others as part of its efforts to standardize how it manages stores and staffing.

NYSE Euronext , which runs the New York Stock Exchange, said on Thursday it had resolved stock quote delays that affected the NYSE and the NYSE Amex cash markets earlier in the session.

Tech stocks dropped in morning trading on Thursday as financials struggled to keep gains, S&P 500 edges down.

The S&P 500 Index paired some its earlier losses to trade down 0.18 percent at 12 p.m. in New York. It briefly dropped to 1085.55, before recovering to trade at 1,090.18. The Nasdaq Composite Index is slightly positive, gaining 0.03 percent.

The financial sector led a stock market drop in late trading today, after expectations that new government policies could force major banks to divest themselves of some of their operations.

Financial and basic materials stocks closed lower on Tuesday, sending the S&P 500 Index, Nasdaq Composite Index, and Dow Jones Industrial Average into negative territory after posting gains earlier in the day.

The landlords who acquired a massive apartment complex in Manhattan in 2006 for a record sum have decided to give up control of the property to their lenders, as the biggest residential real estate deal in U.S. history has collapsed after a missed debt payment.

A group led by Tishman Speyer Properties LP is giving up control of the Stuyvesant Town and Peter Cooper Village apartment complex in Manhattan to creditors, marking the collapse of one of the largest transactions during the U.S. real estate boom.

A venture led by Tishman Speyer Properties is giving up the Peter Cooper Village and Stuyvesant Town apartment complex in Manhattan to creditors, marking the collapse of one of the largest transactions during the U.S. real estate boom.