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Lehman, GM Drive Stocks Down

Liquidity rumors, poor sales sour investor sentiment

By Nick McMaster, Newser Staff

Posted Jun 3, 2008 3:41 PM CDT

(Newser) – The markets enjoyed modest gains before dropping sharply this afternoon as rumors swirled that Lehman Brothers may face a liquidity problem and automakers reported weak May sales, MarketWatch reports. The Dow closed down 100.97 at 12,402.85, the Nasdaq down 11.05 at... Read full story »

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Lehman, GM Drive Stocks Down

Liquidity rumors, poor sales sour investor sentiment

NASDAQ • Dow Jones • General Motors • Lehman Brothers • S&P 500 • financial stocks

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