Wall Street rises but off highs as Citi sinks

NEW YORK (Reuters) - Stocks advanced on Tuesday, pushing the S&P 500 to its highest since early August, but sharply pared gains late in the session as Citigroup's steep drop in profit gave investors a reason to unload bank shares. The financial sector, which has outperformed the broader market so far this year, took a hit on investors' disappointment with Citigroup Inc's earnings. Citigroup's stock slid 8.1 percent to $28.25 after it reported weaker-than-expected earnings. The KBW Banks Index lost 1.4 percent. ...