US STOCKS-Wall St hit by worries about autos and banks

Newswire

* Autos slip as bankruptcy threat looms * Banks fall on Spain bailout, Geithner * Dow off 3.5 pct, S&P off 3.6 pct, Nasdaq off 3.3 pct * For up-to-the-minute market news click [STXNEWS/US] (Updates to afternoon, changes byline) By Edward Krudy NEW YORK, March 30 (Reuters) - U.S. stocks dropped on Monday as the Obama administration's talk of takeover and bankruptcy for two major U.S. automakers, and bank rescues in Europe prompted investors to book profits after the recent ...

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