Stocks take a hit at the open

U.S. markets in retreat as new indications of global credit crunch emerge.

September 14 2007: 9:32 AM EDT

NEW YORK (CNNMoney.com) -- U.S. stocks slipped at the start of trading Friday as the ongoing concerns about global credit were reinforced with news from the U.K.

The Dow Jones industrial average lost 0.7 percent. The Nasdaq composite index dropped 0.8 percent. The Standard & Poor's 500 index was 0.5 percent lower.

Among stocks in the news: Eli Lilly (Charts, Fortune 500), Cadbury Schweppes (Charts), General Motors (Charts, Fortune 500), Google (Charts, Fortune 500), Goldman Sachs (Charts, Fortune 500) and Cardinal Health (Charts, Fortune 500). Top of page
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
© 2012 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Ad choices .