Monday, 04 June 2007

U.S. Stocks Decline After Tumble in China; Shares of GM, Merck Lead Drop

(Bloomberg) -- U.S. stocks fell for the first time in
six days after China's benchmark index plunged and orders to
American factories rose less than forecast.

General Motors Corp., the largest U.S. automaker, and Merck
& Co., the third-biggest U.S. drugmaker, had the steepest
declines in the Dow Jones Industrial Average. Procter & Gamble
Co. led consumer-related shares in the Standard and Poor's 500
Index lower after crude oil prices climbed above $66 a barrel.


Read more at Bloomberg Stocks News

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