Stock-shares in Wall Street fell on Monday (30 / 3) local time, after the government warned the General Motors and Chrysler may face bankruptcy and the banks need more help triggering concerns about the U.S. economy.
Index Dow Jones Industrial Average fell 254.16 points, or 3.27 percent, to be finished in 7522.02. Composite stock index technology dominant Nasdaq down 43.40 points, or 2.81 percent, to be 1501.80, the index and the Standard & Poor's 500 back back 28.41 points, or 3.48 percent, to be 787.53.
President Barack Obama's color of the rock strengthen further pain for automotive manufacturers, said GM, the largest of the "Detroit Big Three," the restructuring plan requires a "more aggressive" in 60 days and Chrysler private owners must close a transaction with the Italian automobile manufacturer, Fiat , in 30 days.
Leaders and executive director of GM Rick Wagoner forced out at the request of Obama, because the cluster of its duty to reveal the grim prospects for the company's loan request additional 21.6 billion U.S. dollars.
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