By Peter A. McKay
Word Count: 731
| Companies Featured in This Article: Countrywide Financial, DuPont, Alcoa, E*Trade Financial, MBIA
An early stock rally strained to withstand the weight of a recession call by Goldman Sachs and rising mortgage delinquencies among Countrywide Financial customers.
The Dow Jones Industrial Average, which has slipped in and out of positive territory throughout Wednesday's session, was up 72.67 points in late-afternoon trading, or 0.6%, at 12661.74.
In 2008's early going, the market has repeatedly been hammered by rampant fears about the economy's ability to withstand the unwinding and disclosure of bad mortgage bets on Wall Street. With a flurry of fourth-quarter profit announcements due out beginning after the close today, investors are particularly focused ...
