Fwd: DAI: Banks drag Wall Street lower as fear returns

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	08/10/2011
Good evening John LATEST NEWS Banks drag Wall Street lower as fear returns NEW YORK (Reuters) - Fear returned to Wall Street on Wednesday, sending the S&P 500 to another 4 percent decline, triggered by worries that Europe's debt crisis could engulf French banks and spill onto the U.S. financial sector. | Full Article Most Americans say U.S. on wrong track: poll August 10, 2011 04:21 PM ET WASHINGTON (Reuters) - Economic fears are weighing heavily on Americans, with a large majority saying the United States is on the wrong track and nearly half believing the worst is yet to come, a Reuters/Ipsos poll said on Wednesday. | Full Article Cisco's fourth quarter revenue beats view, shares firm August 10, 2011 04:23 PM ET SAN FRANCISCO (Reuters) - Cisco Systems Inc's quarterly revenue edged past Wall Street's expectations in a sign that IT spending held up despite warnings of a severe pullback, buoying its shares in extended trading. | Full Article News Corp profit down as movies offset cable August 10, 2011 04:27 PM ET NEW YORK (Reuters) - News Corp reported a lower quarterly profit on Wednesday as weaker box office and DVD sales offset a strong performance by its cable and television business. | Full Article Mutual fund outflows biggest since March 2009: ICI August 10, 2011 04:33 PM ET NEW YORK (Reuters) - Investors pulled the most money out of U.S. mutual funds in the week ended August 3 since the depths of the stock market collapse in March 2009, with net redemptions of $16.9 billion, data from the Investment Company Institute showed on Wednesday. | Full Article US TOP NEWS Rioting spreads as UK's Cameron vows crackdown August 10, 2011 03:52 PM ET LONDON (Reuters) - Prime Minister David Cameron said Wednesday "a fightback is under way" to restore law and order to Britain's streets despite rioting, looting and arson by gangs of youths spreading from London to other cities. | Full Article What happened on night of deadly Afghanistan helicopter crash? August 10, 2011 03:12 PM ET KABUL (Reuters) - Late last Friday night, special forces troops from the NATO-led coalition launched an operation to capture a Taliban leader in an inaccessible valley southwest of Kabul. | Full Article Syrian forces kill 15 as U.S. imposes sanctions August 10, 2011 04:19 PM ET AMMAN (Reuters) - Syrian forces killed 15 civilians in the city of Homs on Wednesday, an activists' group said, despite international calls for President Bashar al-Assad to end a bloody crackdown on protests against his rule. | Full Article Analysis: Debt deal, downgrade add to view of waning U.S. power August 10, 2011 02:42 PM ET WASHINGTON (Reuters) - The narrow U.S. escape from default and its credit downgrade have added to a perception that the United States is in decline, a view that could weaken Washington's influence abroad. | Full Article France eyes more deficit cuts as ratings eyed August 10, 2011 04:00 PM ET PARIS (Reuters) - French President Nicolas Sarkozy on Wednesday ordered his finance and budget ministers to find new ways to prune the public deficit as markets fretted over the country's strained finances and banks in the wake of a U.S. debt downgrade. | Full Article HEALTH NEWS Gene therapy shown to destroy leukemia tumors Scientists unravel genetic clues to multiple sclerosis Young athletes must take precautions in heat: doctors Health spending more complex than Medicare shows New York City schools to make sex education mandatory RELATED VIDEO Portman, Kerry key on 'super committee': AEI's Orenstein Four high-yield stocks to buy now "Selfish" investor Morales sees gold, silver in uptrend 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 Man allegedly stole, swallowed client's ring Full Article Feared criminal takes short walk to freedom Trojan horse t-shirts trick neo-Nazis Deaf man complains nudists would not provide interpreter Mystery woman in iconic Elvis photo identified Needles are the enemy for balloon dress - 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