The Dow lost 200 points to close at 11766. Bank of America plunged 4 percent; other big banks also faltered.
The Dow rose 180 points to 11577 during another day of wild swings for the stock market
Annual PPI – a gauge of wholesale prices – rises to 6.9 percent. But without energy and food, core annual PPI up only 2.5 percent.
Stock market falls on technology slump. Nasdaq leads stock market lower with lowest close in nearly a month.
Citigroup announced better-than-expected earnings, which helped boost the broader stock market.
Home construction rose 10.5 percent in August from a month earlier to a seasonally adjusted annual rate of 598,000, the Commerce Department said Tuesday. That's the highest level since April.
Home construction in June reached its lowest level since October, 2009. That, plus potential new foreclosures, could negatively impact the housing industry across the US.
Eco-aware rehabber finds that doing right by the earth is cost-effective, too.