US Stocks

U.S. stocks maintain modest rise as bailout debated

By Kate Gibson, MarketWatch


NEW YORK (MarketWatch) -- Stocks edged up Tuesday after the prior session's heavy losses, with investors tuned into Treasury Secretary Henry Paulson's testimony on Capitol Hill as lawmakers haggled over the $700 billion bailout plan designed to clear banks of bad debt.

"Investors remain reluctant to stick their necks out too far, even as policymakers meet to discuss the proposed bailout plan. A nagging fear of 'what ifs' is also weighing on sentiment," said Frederic Ruffy, options strategist at WhatsTrading.com.

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