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Empresas y finanzas

Wall Street tumbles as autos, banks weigh


    NEW YORK (Reuters) - Stocks slid on Monday as General Motors and Chrysler took a step closer to potential bankruptcy, and a batch of European bank rescues increased concerns over the health of the financial system, interrupting a recent run-up.

    GM shares fell 25.4 percent to $2.70.

    The Dow Jones industrial average dropped 254.16 points, or 3.27 percent, to end unofficially at 7,522.02. The Standard & Poor's 500 Index lost 28.41 points, or 3.48 percent, to 787.53. The Nasdaq Composite Index slid 43.40 points, or 2.81 percent, to 1,501.80.

    (Reporting by Rodrigo Campos; Editing by Jan Paschal)