Caution returned to Wall Street today as investors gave back some gains from last week’s rally even as they found encouragement from President-elect Barack Obama’s calls for an economic stimulus package

Wall Street resumed its rally today after new data showed the overall US economy is holding up but is not too strong to prevent the Federal Reserve from cutting interest rates.

Wall Street pared its losses to finish flat today but remained uneasy after disappointing results from Bank of America Corp provided further evidence that the credit crisis is hurting the economy.

US stocks rose modestly in the United States today after investors bobbed and weaved with every word of new Federal Reserve Chairman Ben Bernanke’s testimony before Congress.