Stocks Open Lower after Big Rebound

NEW YORK - Stocks are opening lower, extending this week's gyrations as investors await a possible Senate vote on the government's proposed $700 billion financial sector bailout.

Stocks are down after partially rebounding Tuedsay from Monday's plunge. Investors are preoccupied with the fate of the financial rescue plan, worrying after it failed a House vote Monday but are now more hopeful that lawmakers will eventually sign off on the plan.

The Dow Jones industrials are down 120 at the 10,730 level after surging 485 Tuesday.