TradingMarkets 7 Stocks You Need to Know for Wednesday

Strong early gains gave way to selling by midday as the Dow industrials, S&P 500 and Nasdaq all finished in the red on Tuesday.

The Dow lost 26.63. The Nasdaq Composite fell 18.28. And the S&P 500 ended the day lower by 5.25.

Here are 7 Stocks You Need to Know for Wednesday.

Home improvement retailers were among the stocks recording gains on Tuesday, with Home Depot (HD | Quote | Chart | News | PowerRating) gaining more than 4% intraday. Lowe's (LOW | Quote | Chart | News | PowerRating), which earned an upgrade from "neutral" to "buy" from a Goldman Sachs analyst, was up more than 6%.

The sell-off in gold stocks continues, with shares of Freeport McMoran Copper & Gold (FCX | Quote | Chart | News | PowerRating) down more than 6% on Tuesday/

Also lower by large margins were energy stocks such as U.S. coal king, Massey Energy (MEE | Quote | Chart | News | PowerRating), which lost more than 9% in a deep pullback that brings the stock to within 10 points of its 200-day moving average.

The biggest gainer in the Dow industrials was General Motors (GM | Quote | Chart | News | PowerRating) which was up more than 6% late in trading on Tuesday.

Staples (SPLS | Quote | Chart | News | PowerRating) reports quarterly earnings Wednesday before the market opens. Analysts are expecting EPS of $0.21.

Google (GOOG | Quote | Chart | News | PowerRating) unveiled its new Internet browser, Chrome, on Tuesday. The browser is available as a free download from the Google homepage.

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