U.S. stocks veered lower in morning trading Tuesday as investors weighed the latest batch of company earnings news. Telecommunications services and energy companies were among the biggest decliners. The market spent much of the morning shifting between small gains and losses. European markets fell following steep losses in Japan.
WASHINGTON (AP) — President Barack Obama sent Congress on Tuesday his eighth and final budget, proposing to spend a record $4.1 trillion on a number of initiatives. They include launching a new war on cancer, combating global warming and fighting growing threats from ISIS terrorists.