Stocks Give Up Early Gains on Wall Street

Wall Street slouched toward neutral territory, giving up its early gains, as investors weighed how Chrysler’s bankruptcy filing would ripple through the financial system.

Stocks Give Up Early Gains

Wall Street slouched toward neutral territory as investors weighed how Chrysler’s bankruptcy filing would ripple through the financial system.

Some Basics on a Chrysler Bankruptcy

Chrysler is the first major automaker to file for bankruptcy and attempt to reorganize since Studebaker in 1933. Here is a quick look at how it is likely to play out.

Dow Chemical 1Q Profit Drops 97 Percent

NEW YORK (AP) — Dow Chemical posted a 97 percent drop in first-quarter profit on Thursday due to job cuts and a steep drop in sales, though results easily beat Wall Street expectations.