Stock Market News Monday April-13 2009

Stock index futures fell on Monday as investors paused after a five-week rally to prepare for key company earnings later in the week, and braced for a potential bankruptcy filing from General Motors. The earnings season starts in earnest, with banks Goldman Sachs, JPMorgan and Citigroup set to report their latest quarterly results this week. The U.S. Treasury Department is directing General Motors to lay the groundwork for a bankruptcy filing by June 1, even though the automaker has publicly stated it could reorganize outside of court, The New York Times reported on Sunday, citing an unnamed source.