Stocks bounced back Tuesday after a sharp selloff Monday. Financials were among the day's biggest gainers and AmEx led the Dow after an analyst upgrade.

Stocks bounced back Tuesday after a sharp selloff Monday but gains were modest after a disappointing housing report.

The "correction" many on Wall Street had been waiting for finally happened on Monday - now, the question is how long it will continue. Based on activity in overseas markets and U.S. stock index futures, Monday's drop may be a one-day wonder, with all signs pointing to a rebound at the open.

The recession steered a new type of customer to Wal-Mart — deeper in the pockets and suddenly looking for bargains.