Tuesday's midday trade: Wall Street ends six-day streak

Posted by 7Star Wednesday, January 13, 2010

US stocks fell on Tuesday, halting a six-day streak of gains, after weaker-than-expected results from Alcoa Inc and on concerns banks could face fees from the government to recoup losses tied to bailouts. A senior US official confirmed Monday President Barack Obama is considering a levy on financial services firms as part of the fiscal 2011 budget he will unveil in February.

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