April 27, 2009 / 8:08 PM / 10 years ago

US STOCKS SNAPSHOT-Wall St falls on concerns about flu

NEW YORK, April 27 (Reuters) - U.S. stocks fell on Monday as concerns that the spreading of a new flu strain could dampen optimism about the economy overshadowed a restructuring of General Motors Corp and gains in biotechnology stocks.

* GM to cut costs, eliminate Pontiac brand; shares rise

* Airlines, oil fall on flu worries

* The Dow Jones industrial average .DJI dropped 51.29 points, or 0.64 percent, to close unofficially at 8,025.00. The Standard & Poor's 500 Index .SPX fell 8.73 points, or 1.01 percent, to 857.50. The Nasdaq Composite Index .IXIC dropped 14.88 points, or 0.88 percent, to 1,679.41. (Reporting by Rodrigo Campos; Editing by Jan Paschal)

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