AP - The Federal Reserve announced Tuesday a radical plan to buy massive amounts of short-term debt in a dramatic effort to break through a credit clog that is imperiling the economy.

AP - Stocks fluctuated in quiet trading Tuesday as investors appeared to adopt a wait-and-see approach to the range of options the Federal Reserve has laid out to inject the sluggish credit markets with a dose of much-needed confidence. Trading remained fractious, and the major indexes alternated between gains and losses a day after the market suffered another huge drop.