Fwd: DAI: Wall Street ends sharply higher on Fed hopes

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	08/23/2011
Good evening John LATEST NEWS Wall Street ends sharply higher on Fed hopes NEW YORK (Reuters) - Stocks shot 3 percent higher on Tuesday on speculation Federal Reserve Chairman Ben Bernanke would signal new help for the economy, giving investors hope the worst was over after a four-week rout. | Full Article BofA shares drop, debt insurance costs jump August 23, 2011 02:50 PM ET CHARLOTTE, North Carolina (Reuters) - Bank of America Corp shares fell as much as 6.4 percent to their lowest level since March 2009 as investors worried that the biggest U.S. bank might face big writeoffs. | Full Article Exclusive: Groupon turns to Citydeal team ahead of IPO August 23, 2011 04:28 PM ET BANGALORE (Reuters) - No. 1 daily deals website Groupon Inc is turning to executives from Citydeal -- the European business it bought last year -- to help boost slowing growth in its domestic business, ahead of a planned public listing. | Full Article Factory and housing data point to weak growth August 23, 2011 01:16 PM ET WASHINGTON (Reuters) - Factory output in the U.S. central Atlantic region dropped to a two-year low in August and new home sales hit a five-month low in July, the latest signs to suggest the economy is at risk of stalling. | Full Article S&P replaces president with Citibank exec after U.S. downgrade August 23, 2011 07:59 AM ET SYDNEY/BANGALORE (Reuters) - The chief of Standard & Poor's will step down next month, to be replaced by a senior Citibank executive, in a move announced a few weeks after the credit rating agency downgraded U.S. government debt and sparked a row with Washington. | Full Article US TOP NEWS "It's over" cry rebels as Gaddafi HQ overrun August 23, 2011 04:21 PM ET TRIPOLI (Reuters) - Joyful Libyan rebels overran Muammar Gaddafi's Tripoli bastion on Tuesday, seizing weapons and loot and destroying symbols of a 42-year dictatorship they declared was now over as they set about hunting down the fallen ruler and his sons. | Full Article Earthquake rattles East Coast, no deaths August 23, 2011 04:34 PM ET WASHINGTON (Reuters) - A strong earthquake struck the East Coast and was felt as far away as Canada on Tuesday, shaking buildings in many cities, delaying flights and trains and sending thousands of frightened workers into the streets. | Full Article Quake damages Washington's National Cathedral August 23, 2011 04:34 PM ET WASHINGTON (Reuters) - The Washington National Cathedral, the highest point in the capital, suffered damage in Tuesday's earthquake, with three spires in the central tower breaking off of the gothic-style building, a spokesman said. | Full Article Strauss-Kahn criminal sexual assault case dropped August 23, 2011 04:27 PM ET NEW YORK (Reuters) - A New York judge dropped all criminal sexual assault charges against ex-IMF chief Dominique Strauss-Kahn on Tuesday, leaving him free to rebuild a shattered career after prosecutors said his accuser lacked credibility. | Full Article World stocks jump as dollar dips on stimulus talk August 23, 2011 03:29 PM ET NEW YORK (Reuters) - World stocks rallied, oil rose and the dollar fell on Tuesday as dismal U.S. data increased hopes the Federal Reserve may offer more economic stimulus. | Full Article HEALTH NEWS Judge sets September hearing on cigarette ads No major heart risk seen in new psoriasis drugs National Institutes of Health revises conflict of interest rules Diet alone helps lower bad cholesterol: study Many seniors leave the hospital without their meds RELATED VIDEO Earthquake strikes U.S. east coast Breakingviews: Bank of America faces investors' scorn Exclusive: Apple readies cheaper iPhone 4 - Reuters sources 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 More than 100 arrested in new Sri Lanka "Grease Devil" clash Full Article Is Facebook "required reading?" Woman, 90, beats back burglars with cane Ferry runs aground after captain stuck in toilet Snake that crashed funeral up for adoption Urban cliff divers make a splash - 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