Stocks turn sharply lower
US stocks turned sharply lower after Friday's open as investors worried about Bear Stearns' need for funding help from JPMorgan Chase and the Federal Reserve Bank of New York.
Stocks pointed lower early Tuesday a day after stocks surged by the biggest amount since October.Some pullback was to be expected a day after the Dow Jones industrial average jumped 498 points, or 6.8 percent, after the government detailed a plan to take over up to $$1 trillion in bad mortgage securities with the help of private investors.