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Wall Street cuts losses on credit market easing


    NEW YORK (Reuters) - Stocks cut losses and the Dow briefly turned positive on Tuesday, pulled higher by gains in diversified manufacturer 3M and more signs of thawing in the seized up credit markets.

    The Dow Jones industrial average was off 5.73 points, or 0.06 percent, to 9,259.70. The Standard & Poor's 500 Index dipped 2.50 points, or 0.25 percent, to 982.90. The Nasdaq Composite Index slipped 43 points, or 0.31 percent, to 1,764.60.

    The main indexes were down more than 1 percent soon after the opening.

    (Reporting by Leah Schnurr; Editing by Kenneth Barry)