7 Stocks you need to know for Friday

The Dow declined by 196.33. The Nasdaq Composite closed down 57.60. And the S&P 500 lost 25.65.

Here are 7 Stocks You Need to Know for Friday.

Health care stocks were some of the better performers on Thursday, with United Health Group (UNH | Quote | Chart | News | PowerRating) gaining nearly 9%.

Renewed concerns that the $14 billion aid package for American automakers might not survive the Senate led to lower prices for shares of both General Motors (GM | Quote | Chart | News | PowerRating) and Ford Motor Company (F | Quote | Chart | News | PowerRating) on Thursday.

Eli Lilly & Company (LLY | Quote | Chart | News | PowerRating) said that it would go ahead and seek approval for a once-a-week diabetes treatment co-developed with Amylin Pharmaceuticals (AMLN | Quote | Chart | News | PowerRating).

Procter & Gamble (PG | Quote | Chart | News | PowerRating) warned that quarterly sales were lower than expected, but affirmed its profit and revenue forecasts for both the quarter and the full year.

Citing the software giant's own predictions for slowing sales, Morgan Stanley cut its profit forecast for Microsoft Corporation (MSFT | Quote | Chart | News | PowerRating).