Stocks Can't Dig Out From Drop

Word Count: 784 | Companies Featured in This Article: Alcoa, General Motors, its financial sector, Fannie Mae, Freddie Mac Stocks and oil finished out a lackluster week Friday with investors freshly worried about the U.S. economy's direction despite a round of better-than-expected data. The Dow Jones Industrial Average, which plunged 283 points in the previous session, recently recouped 21.41 points to end at 11370.69, off 1.1% on the week. Its strongest component Friday was Alcoa, which advanced nearly 1.7%. Weakest was General Motors, which slid 8.5% after Chief Executive Officer Rick Wagoner said today he expects July auto sales to be similar to last month, when the auto maker's U.S. sales fell more than 15%. Commodity traders continued to ... $ Subscription may be required |... [read full story]