AP - Wall Street fell Tuesday after a surprisingly weak retail sales report upended the market's optimism about the economy. The poor sales data, combined with a sharp drop in wholesale prices, overshadowed better-than-expected earnings reports from Johnson & Johnson and Goldman Sachs. Financial stocks were especially weak after Goldman said it would raise $5 billion to repay government bailout money.

Reuters - Stocks fell on Tuesday as a surprising drop in retail sales dented hopes the recession was abating and financial shares slid on fears that Goldman Sachs' share offering could prompt others to follow suit.

AP - Wall Street shifted into reverse Tuesday after a surprisingly weak retail sales report punctured investors' optimism about the economy.

AP - Asian stocks were mostly lower Wednesday with burgeoning optimism about a global economic recovery punctured by weak U.S. data.

Reuters - World stocks fell on Wednesday, stepping back from the previous session's three-month high, and the low-yielding yen firmed as news of job cuts at Swiss bank UBS and weak U.S. and Chinese data fanned economic concerns. UBS warned of a first-quarter loss of nearly 2 billion Swiss francs and said it would cut a further 8,700 jobs, weighing on other banking shares.

Reuters - The U.S. Securities and Exchange Commission is reviewing if Bank of America Corp violated federal securities law by failing to disclose to shareholders Merrill Lynch's plan to pay $3.62 billion in bonuses before they voted for the merger of the banks, the Financial Times said.

AP - World stock markets rose Tuesday after surprisingly strong earnings from U.S. investment bank Goldman Sachs fueled hopes that the global banking system may be over the worst.

AFP - India's scandal-hit Satyam Computer Services, in which Tech Mahindra is set to buy a majority share, on Tuesday said it plans to delist its depository shares from the Euronext Amsterdam.

AFP - Oil prices rebounded on Tuesday, supported by rising stock markets, upbeat results from US bank Goldman Sachs and hopes for a pick-up in world energy demand, analysts said.

AFP - World stock markets mostly rallied on Tuesday after upbeat results from Goldman Sachs sparked hope that the banking sector had turned the corner in the global financial crisis, dealers said.

AFP - The leading stock exchange inched up on Tuesday as the financial sector rebounded following upbeat results by US investment bank Goldman Sachs.

Reuters - Stocks tumbled on Tuesday as an unexpected drop in March retail sales suggested that the economic slump was far from abating and as Goldman Sachs slid sharply after a stock offering.

AP - Wall Street shifted into reverse Tuesday after a suprisingly weak retail sales report punctured the market's optimism about the economy.