Breaking News Alert The New York Times Monday, March 30, 2009 -- 4:10 PM ET ----- Dow Drops 254 Points; S. & P. 500 Down 3.4% Stocks slumped on Monday after the Obama administration gave ultimatums to Chrysler and General Motors to overhaul their operations, perhaps including a bankruptcy filing, or be denied further federal aid. The Dow Jones industrial average closed down 254.16 points or 3.2 percent to 7,522.02; the Standard & Poor's 500-stock index was down 3.4 percent or 28.41 points to 787.53; and the Nasdaq was down 2.8 percent or 43.40 points, to 1,501.80. Read More: http://www.nytimes.com/?emc=na ----- Now get the New York Times Breaking News to your mobile phone. Sign up for the alerts by texting NEWSALERTS to 698698 (NYTNYT). ----- About This E-Mail You received this message because you are signed up to receive Breaking News Alerts from NYTimes.com. To unsubscribe, change your e-mail address or to sign up for daily headlines or other newsletters, go to: http://www.nytimes.com/email NYTimes.com 620 Eighth Ave. New York, NY 10018 Copyright 2009 The New York Times Company
-- Posted By Breaking News to Break News at 3/30/2009 11:13:00 PM
