CORRECT: U.S. stocks lower as financials suffer

Date: Thu, 11 Sep 2008 12:02:54 -0400
CORRECT: U.S. stocks lower as financials suffer

U.S. stocks declined on Thursday as Wall Street's financial crisis
turned into a death watch for some of its biggest firms, with shares of
Lehman Brothers Holdings, Merrill Lynch and Washington Mutual diving
lower.

Futures Movers: Oil futures fall toward $100 as traders eye storm,
dollar

Crude-oil futures fall, edging closer to the key $100-per-barrel level
as market participants watch the path of Hurricane Ike, which headed for
the Gulf of Mexico, as well as movements in the U.S. dollar.

Economic Report: July trade deficit widens on surge in oil imports

The U.S. trade deficit widens more than expected in July, boosted by the
largest volume of imported oil in four years, Commerce Department data
show.

Currencies: Falling oil, euro-zone gloom boost dollar

A gloomy outlook for the euro-zone economy continues to cast a shadow
over the euro Thursday, allowing the U.S. dollar to extend gains after
nearing a one-year high against the single currency overnight, analysts
say.