Wall Street tip-toes into December

Stocks edge higher as investors focus on General Motors, await manufacturing, auto sales numbers.

December 1 2006: 9:39 AM EST

NEW YORK (CNNMoney.com) -- Stocks opened with modest gains Friday as investors eyed General Motors stock and waited to hear news about the general health of the economy.

The Dow Jones industrial average ticked higher, the Nasdaq wavered while the S&P 500 index edged barely above breakeven.

Trading Friday will also be influenced by the morning's economic news, including November sales results from automakers, the November ISM national manufacturing survey and the October construction spending report expected at 10 a.m. ET.

Investors were also watching GM (Charts) after news reports that Kirk Kerkorian, GM's top shareholder, has unloaded his entire stake in the world's largest auto maker

Oil prices fell after hitting a two-month high above $63 Thursday. U.S. crude sank 71 cents to $62.42 a barrel.

The dollar fell yet again against the euro and the yen.

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.