Stocks drop, GM falls
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U.S. stocks slipped on Friday after employment data renewed worries about slower economic growth, while shares of automaker General Motors Corp.  sank on fears a major shareholder may begin selling his stake.
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General Motors Corp. GM.N on Thursday  posted disappointing quarterly earnings and cut its 2004 profit  forecast due to mounting losses in Europe and slowing growth in  China, sending its shares down 5 percent.
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Blue-chip stocks added to losses on Wednesday, tracking a drop in the shares of General Motors Corp., which fell sharply after news a big investor was selling his stake in the company.
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Stocks dropped on Friday, with the Dow and S&P down 1 percent, as investors locked in profits after two days of sharp gains, with financial and defensive sectors among those leading declines.
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Stocks fell on Monday after  disappointing U.S. employment data and a slowdown in  construction spending sparked worry about economic growth,  while a drop in crude oil prices hit energy shares.
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NEW YORK  -Stocks fell on Thursday, with the benchmark S&P 500 plummeting to a 15-month low, as news of a plunge in regional factory activity and a hefty loss at Merrill Lynch further clouded an increasingly dire view of the economy.
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General Motors Corp. GM.N on Thursday  posted disappointing quarterly earnings and cut its full-year  profit forecast amid slowing growth in China and European job  cuts, sending its shares down 4 percent.
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U.S. stocks dropped on Friday after a manufacturing index showed its weakest reading in more than three years, prompting worries the economy was slowing sharply.
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U.S. stocks tumbled on Monday, with major indexes falling by their biggest margin in months, amid concern about Google Inc.'s  valuation and doubts about holiday spending after a disappointing sales estimate from Wal-Mart Stores Inc. .
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General Motors Corp. GM.N said on  Thursday that it expects earnings this year to fall, due in  part to weaker profits from its financial services arm.
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TOKYO/DETROIT  - General Motors Corp.  on Tuesday posted a steeper-than-expected 24 percent drop in June sales, as U.S. automakers lost share to Japanese brands and overall vehicle sales sputtered in the face of high gas prices and a weak housing market.
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Stocks struggled Wednesday morning after the big selloff on Tuesday as investors weighed earnings from GM and Lehman Brothers against ongoing worries about the subprime mortgage market.
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U.S. stock futures drifted lower on Thursday, pointing to a weak open on Wall Street, as automaker General Motors Corp.  posted earnings below Street estimates and a government report showed initial claims for U.S. jobless aid rose more than expected.
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Stocks slid on Friday, snapping the Dow's three-day run to record highs, as the key September employment report revived worries about slower economic growth and shares of automaker General Motors Corp.  sank on fears a major shareholder may begin selling his stake.
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General Motors Corp. (GM.N: Quote, Profile, Research) on Thursday led a late-day rally in auto stocks, one day after the world&#39;s largest automaker posted dismal US sales results for August and cut vehicle production.
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General Motors Corp., the world's biggest automaker, said Wednesday its net income fell 37 percent in the fourth quarter, led downward in part by continued struggles at its European operations. But the results beat Wall Street expectations and its shares rose nearly 2 percent.
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TOKYO/DETROIT  - General Motors Corp.  on Tuesday posted a steeper-than-expected 24 percent drop in U.S. sales in June as local automakers lost share to Toyota Motor Corp.  and other Japanese brands, and demand sputtered overall in the face of high gas prices and a weak housing market.