Most U.S. stocks fell, snapping a two- day gain, as concern President Barack Obama’s stimulus package won’t be enough to pull the nation out of a recession outweighed a rally in financial and industrial shares.
About eight stocks fell for every seven that gained on the New York Stock Exchange. The Standard & Poor’s 500 Index increased 0.2 percent to 869.89. The Dow Jones Industrial Average lost 9.72 points, or 0.1 percent, to 8,270.87 and the Russell 2000 Index of small companies slipped 0.6 percent.
(Bloomberg.com)
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