Stocks maintain gains after investor fears calm

Posted May 11, 2010 at 9:50 a.m.

Stock-Two-Web.jpgA pair of specialists work on the floor of the New York Stock Exchange on Tuesday, May 11, 2010. (AP Photo/Richard Drew)

Associated Press | The stock market mostly held on to its big comeback after investors set aside worries about Europe’s debt struggles. The Dow Jones industrial average fell about 37 points after fluctuating for much of the day. Broader indexes were mixed.

Analysts said it was encouraging to see the market hold on to most of its gains from Monday, when the Dow soared 405 points in response to the creation of a bailout fund for weak countries like Greece. Tuesday’s steady trading signaled that the previous day’s big advance wasn’t solely driven by euphoria.

Get the full story: Stocks fall after excitement wanes over EU plan.

 

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