US stocks open higher after steep sell-off

NEW YORK -- Stocks are opening higher but financial markets remained troubled a day after the House voted down a proposed $700 billion rescue plan for the financial sector.

A key rate that banks charge to lend to one another is higher Tuesday. That could make banks less likely to lend.

The Dow Jones industrials are up 185 at the 10,582 level after falling more than 777 points Monday.


 
 
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