Fwd: DAI: Broad selloff snaps Wall Street four-day rally

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	06/1/2011
Good evening John LATEST NEWS Broad selloff snaps Wall Street four-day rally NEW YORK (Reuters) - Wall Street ended a four-day rally on Wednesday with its worst day since August and could face more losses as investors are faced with more signs the economic recovery is fading. | Full Article Nokia calls report of Microsoft deal "baseless" June 01, 2011 11:58 AM ET HELSINKI/NEW YORK (Reuters) - Shares in struggling mobile phone handset maker Nokia Oyj jumped on Wednesday in reaction to a web site report that said U.S.-based Microsoft Corp had struck a deal to buy its mobile phone business for $19 billion. | Full Article Jobs and factory slowdown pile on recovery fears June 01, 2011 03:15 PM ET NEW YORK (Reuters) - U.S. companies hired far fewer workers than expected in May and output in the manufacturing sector slowed to its lowest level since 2009, adding to concerns that the U.S. recovery is running out of steam. | Full Article May auto sales dip as price strategy backfires June 01, 2011 03:37 PM ET DETROIT (Reuters) - Major automakers are on track to report far weaker May auto sales than expected on Wednesday as higher vehicle prices prompted consumers to put off purchases in the face of a weakening economy. | Full Article Greece nears IMF/EU deal and dismisses drachma talk June 01, 2011 03:52 PM ET ATHENS (Reuters) - Greece should complete talks by the end of the week with EU and IMF inspectors on a medium-term budget plan plus a vital next slice of international aid, sources close to the negotiations said on Wednesday. | Full Article US TOP NEWS Google reveals Gmail hacking, likely from China June 01, 2011 04:32 PM ET LOS ANGELES (Reuters) - Google Inc revealed on Wednesday that unknown hackers likely originating from central China have tried to hack into the Gmail accounts of hundreds of users, including senior U.S. government officials, Chinese activists and journalists. | Full Article At White House, Obama presses Republicans on debt cap June 01, 2011 03:46 PM ET WASHINGTON (Reuters) - President Barack Obama warned Republicans on Wednesday of "dire" consequences if they do not raise the debt limit, but a White House meeting did little to end a political standoff over federal spending cuts. | Full Article Libya's oil chief Ghanem defects, in Rome now June 01, 2011 01:45 PM ET ROME (Reuters) - Libya's top oil official Shokri Ghanem appeared in Rome on Wednesday, saying he had defected because of relentless bloodshed under Muammar Gaddafi's rule. | Full Article Taxpayer loss on auto bailout narrows June 01, 2011 04:36 PM ET WASHINGTON (Reuters) - The government expects to recover more money than anticipated from the auto bailout as it pulls back financially from the sector, but taxpayers still face billions in potential losses, the White House said. | Full Article Syrian forces kill 41 civilians in Rastan: lawyer June 01, 2011 04:33 PM ET ANTALYA, Turkey (Reuters) - Syrian forces killed 41 civilians in the central town of Rastan on Tuesday during a military operation to crush pro-democracy protests, Razan Zaitouna, a human rights lawyer, said on Wednesday. | Full Article HEALTH NEWS Special Report: An end to AIDS? Germany: sharp rise in E.coli cases, source unknown WHO says cell phone use "possibly carcinogenic" Spain mulls action against Hamburg for E.coli blame Medicare payments to US hospitals not correct: study RELATED VIDEO The day ahead: June 2, 2011 Drug war threatens Mexico's last model city Ron Paul expects debt limit deal, but 'big trouble' ahead A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Italy unlaces North Korea attempt to smuggle tap shoes Full Article New wildlife law spares beloved Pete the Moose Meowing senator touches off political row Malta backs introduction of divorce in referendum Infamous tax man faces new trial over fake passport - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend