Stocks came off session lows, but still finished sharply lower Monday, as bank stocks slumped amid ongoing macroeconomic concerns and ahead of a big earnings week.
Stocks were off session lows in the final hour of trading Monday but were still lower, led by banks, amid ongoing debt concerns in Europe and the lack of progress in U.S. debt-ceiling negotiations.
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Stocks finished more than 1 percent higher across the board Tuesday, extending the previous day's rally, amid optimism over a solution for Greece's debt crisis and ahead of the quarter's end.