7 Stocks you need to know for Tuesday

The Dow closed down 14.81. The Nasdaq Composite lost 3.24. And the S&P 500 ended the day off 1.33.

Here are 7 Stocks You Need to Know for Tuesday.

The passage of new credit card legislation in the House of Representatives continues to put pressure on stocks like those of Capital One Financial (COF | Quote | Chart | News | PowerRating) and Discover Financial Services (DFS | Quote | Chart | News | PowerRating), both of which continue to trade in consolidation ranges just below their respective 200-day moving averages.

His work in helping navigate American International Group (AIG | Quote | Chart | News | PowerRating) through its government bailout largely complete, Edward Liddy has said that he will step down from his post as CEO to allow a longer-term replacement to take over the job.

General Motors (GM | Quote | Chart | News | PowerRating) is likely to file for bankruptcy next week as part of a special government-brokered plan to restructure the struggling automaker. Shares of GM reversed by more than 7% intraday on Friday after making four consecutive higher highs below the 200-day moving average.

For its part, Ford Motor Company (F | Quote | Chart | News | PowerRating) extended a deadline for workers to decide whether or not to accept the automaker's buyout offers by five weeks.

Shares of McDonald's (MCD | Quote | Chart | News | PowerRating) rallied back above their 200-day moving average for the first time since early February.

Surprising profits from Sears (SHLD | Quote | Chart | News | PowerRating) sent the stock soaring by more than 20% before reversing to close up just over 10%.