US STOCKS-Wall St hits the brakes on autos, bank woes

Newswire

* Autos slip as bankruptcy threat looms * Banks fall on Europe bailouts, Geithner * Dow off 3.3 pct, S&P off 3.5 pct, Nasdaq off 2.8 pct * For up-to-the-minute market news click [STXNEWS/US] (Updates to close) By Edward Krudy NEW YORK, March 30 (Reuters) - U.S. stocks tumbled on Monday as two major U.S. automakers took a step closer to potential bankruptcy, and a spate of European bank rescues heightened concerns over the financial system's health, putting the brakes on a ...

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