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NEW YORK — US stocks cut losses on Tuesday, after General Motors reported stronger-than-expected June sales, somewhat easing concerns about the impact of high fuel prices on profits.

Shares of GM rose 3 percent to $11.88.

The Dow Jones industrial average was down 81.50 points, or 0.72 percent, at 11,268.51. The Standard & Poor's 500 Index was down 8.40 points, or 0.66 percent, at 1,271.60. The Nasdaq Composite Index was down 11.83 points, or 0.52 percent, at 2,281.15.

• Oil rises on supply worries, Middle East tensions
• MPIC to run Cardinal Santos hospital starting August
• Anscor sells 18.3% stake in Phelps Dodge
• (UPDATE) Shares close lower for third day on inflation fears
• Asia’s stocks wilt, stagflation lingers
• Shares lower in early trade on high oil prices
• High oil, credit worries may pressure stocks
• Shares seen lower ahead of June inflation data
• Bear market in Dow is imminent

• China wants new global monetary system
• Solons caution gov’t on privatization