Stocks opened lower as the global economic weakness weighed on Japanese and Chinese companies with Toyota Motor expecting to post its first loss since 1941. The Dow lost 33 points to 8545 while Nasdaq tumbled 21 points to 1542.
On the upside
Shares of General Motors (NYSE: GM) fell on expectations that shareholders will hold little to no equity in the automaker. Analysts focused on the company's inability to pay back loans.
On the downside