News Summary: Stocks drift lower on Wall Street

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News Summary: Stocks drift lower on Wall Street

By The Associated Press

NO DIRECTION: Stocks drifted lower in uneven trading Tuesday as fears about the "fiscal cliff" in the U.S. and a delay in Greece's bailout tipped major indexes between gains and losses.

BIG HELP FROM BIG BOX: A surge in Home Depot prevented a steeper drop for the Dow Jones industrial average. Home Depot jumped 3.6 percent after the big-box retailer's earnings beat analysts' expectations. Home Depot is benefiting from the gradual housing recovery and rebuilding efforts after Superstorm Sandy.

UNEVEN TRADING: Stocks had opened lower after European leaders postponed the latest aid package for Greece. The Dow rose as much as 83 points before closing down 59.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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