U.S. Top News Early Edition: Wall Street climbs at open; eyes on Fed

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	08/9/2011
Good Morning Omss LATEST NEWS Wall Street climbs at open; eyes on Fed NEW YORK (Reuters) - Stocks rose at the open on Tuesday in a rebound from the previous session's nosedive, but an upcoming Fed statement could spark a reversal if investors are not convinced it has a plan to combat a market meltdown. | Full Article Fed under pressure to act as world markets swoon August 09, 2011 01:01 AM ET WASHINGTON (Reuters) - The Federal Reserve gathers on Tuesday under growing pressure to take some type of action to stem a financial market meltdown linked to fears of a new U.S. recession. | Full Article Market rout deepens global economic crisis August 09, 2011 08:21 AM ET BEIJING/SINGAPORE (Reuters) - The global economy stumbled deeper into crisis as stock markets slumped further on Tuesday, with investors losing confidence that the United States and Europe can rein in their debt burdens quickly and avert a double-dip recession. | Full Article Obama speaks with Spanish, Italy leaders on eurozone August 09, 2011 09:30 AM ET WASHINGTON (Reuters) - President Barack Obama on Monday welcomed measures by Spain and Italy aimed at addressing their economic crisis, the White House said. | Full Article Syria pursues army offensive despite Turkish talks August 09, 2011 07:28 AM ET AMMAN (Reuters) - Syrian forces killed at least five civilians and moved into a town near the Turkish border on Tuesday, activists and witnesses said, even as Turkey's foreign minister pressed President Bashar al-Assad to halt assaults on protests against his rule. | Full Article BUSINESS NEWS China's Wen urges global action to calm markets August 09, 2011 09:32 AM ET BEIJING (Reuters) - China's Premier Wen Jiabao urged nations to work together to stabilize turbulent financial markets on Tuesday as global stocks swooned on fears the world economy is headed for a downturn. | Full Article BlackRock to use gold, bond profits to buy beaten down stocks August 09, 2011 02:26 AM ET SYDNEY (Reuters) - BlackRock will use profits it is making in gold and bond markets to seek out bargains in falling global equity markets, James Holt, investment strategist at the world's largest money manager, said on Tuesday. | Full Article Honda says studying shift overseas to avoid yen effect August 09, 2011 09:08 AM ET TOKYO (Reuters) - Honda Motor Co is studying possible production bases overseas to replace export-bound car production in Japan that has been battered by a strong yen, a top executive said on Tuesday. | Full Article Japan on watch as yen rises, stocks plunge August 09, 2011 08:25 AM ET TOKYO (Reuters) - Japanese policymakers voiced growing alarm on Tuesday as the yen scaled highs seen before last week's intervention and global stock markets crumbled under mounting fears of a new financial crisis. | Full Article Wall Street may halt share rout as world stocks fall August 09, 2011 07:59 AM ET LONDON (Reuters) - World stocks fell for a 10th session running on Tuesday, racking up a "bear market" 20 percent loss since early May, but potential gains on Wall Street looked set to break the chain. | Full Article HEALTH NEWS Spermless mosquitoes could help halt malaria spread E. Coli outbreak in Oregon linked to strawberries Colorado fines closed medical imaging company $3.2 million No link between MS, narrow blood vessels: study Heart test standards all over the map RELATED VIDEO British prime minister pledges riot crackdown Blaze rages at Sony's London factory Somalis risk lives to get aid 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 First tax-free holiday in Arkansas a boon for business Full Article "Lucy" look-alikes honor Lucille Ball's 100th birthday - 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