U.S. stocks end sharply off as financial sector caves

Date: Wed, 09 Jul 2008 17:04:33 -0400
U.S. stocks end sharply off as financial sector caves

U.S. stocks wobble, with the Dow industrials failing to extend the
blue-chip index's largest one-day jump in nearly a month.

Futures Movers: Oil regains some ground as Iran test fires missile

Crude-oil futures bounce back from their biggest drop in nearly four
months, playing off reports that Iran test-fired a long-range missile as
well as a wider-than-expected drop in U.S. crude inventories.

Air Force reopens disputed $35 bln tanker contract

Air Force reopens huge contract for in flight refueling tankers.

Cisco hits new low on worries about IT spending, economy

Cisco Systems Inc. shares slip to a new 52-week low after a pair of Wall
Street analysts voiced concern about the high-tech giant's upcoming
quarter, which may be pressured by a slowing U.S. economy.

Partying like it's 1980 all over again

High gas prices, home mortgage troubles, a weak dollar, rising inflation
concerns, recession fears, tortured foreign policy -- those same issues
helped bounce Jimmy Carter out of office nearly three decades ago and
catapulted Ronald Reagan to the White House and spell serious trouble
today for GOP hopeful John McCain.