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US Stock Closings 8/01/08


U.S. stocks fell, adding to two months of losses for the Standard & Poor’s 500 Index, after results at General Motors Corp. disappointed investors and oil prices jumped.

The S&P500 Index declined 7.07 points, or 0.6 percent, to 1,260.31, trimming its weekly advance to 0.2 percent. The Dow Jones Industrial Average lost 51.7, or 0.5 percent, to 11,326.32 and the Nasdaq Composite Index slipped 14.59, or 0.6 percent, to 2,310.96.

(Bloomberg.com)

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