Stocks erased most losses by the close Tuesday, withair force shoes the Dow ending down just 22 points after having fallen close to 300 points earlier in the session, as worries about the global economy were tempered. The Dow Jones industrial average (INDU) dropped 22 points, or 0.2%, recovering from Nike Dunk Shoeslarger losses earlier in the day. In the first hour of trading the Dow fell as much as 292 points to 9,774.48, the lowest level since Nov. 4. Facebook Digg Twitter Buzz Up! Email Print Comment onnike dunk this story The S&P 500 (SPX) was little changed and the Nasdaq (COMP) lost 2 points, or aboutVibram Five Fingers 0.1%. Stocks had been hit hard through the early afternoon, but began to jacketsrecover late in the session, with investors nibbling at bank and select technology and consumer issues. Bank stocks bounced after comments from Barney Frank that one of Monclerthe more intensely disliked components of the Wall Street reform proposal could end up being cut from the final bill. The House Financial Services Committee Chairman said that a provision ofmoncler vest the Senate's version of the bill that requires banks to spin off their derivatives businesses goes too far. However, he said another provision that stops banks from wagering with their own money is likely to go through. The House and Senate are in the process of reconciling different versions of the bill. Stocks have been sliding for most of the month on worries aboutMoncler Hoody how the European debt crisis will impact global growth. Meanwhile, the euro has been plunging. On Tuesday, the shared European currency briefly fell to levels just above a four-year low it hit earlier in the month. However, the euro cut its losses as U.S. stocks recovered. "There's been very little news to cause investors tomoncler sale think the market is going to rally against the backdrop of global uncertainty," said Len Blum, managing director at Westwood Capital. Greece's debt crisis sparked the initial worries about Europe that now encompass the other so-called PIIGS - Portugal, Italy, Ireland and Spain. Spain has been in the news most recently after the country's central bank had to take over a long-established savings bank last weekend. "We're one international economy right now, and it would be hard for the U.S. to have meaningful growth if Europe is having a slowdown," Blum said. But another analyst said that Europe's impact on the broad U.S. economy could be more limited than market participants seem to think. "There's an element of herding and panic in moncler menthe markets right now," said George Feiger, CEO at Contango Capital Advisors. "But I don't think what's happening in Europe is as dramatic a problem for the U.S. economy as the stock market is suggesting," he said.Air Jordan 22 Air Jordan 23 Air Max 90 Air Max 95 Air Max 97