** US & ASIAN WRAP **

** US MARKETS **
Dow 0,42%; Nasdaq 0,23%; S&P 0,25%; Soxx -0,95%; Russel2k -0,64%; DJAIG -2,96%;
10yr Bond -0,01%; 10yr Yield 5,15%; Crude future 69,1; Gold 683,89

| Healthcare 1,4%| ConsStaples 1,21%| Financials 0,6%| Utilities 0,49%| Telecom
0,33%| Industrials 0,19%| ConsDisc 0,17%| Technology -0,09%| Materials -1,21%|
Energy -1,71%

** US HEADLINES **
- Metal Rally May Resume as SellOff Fails to Dissuade Investors, Producers
- Pension Deficits, Now at $500 Billion, May Clobber Corporate Bondholders
- NYSE Group and Euronext May Merge to Form a U.S.-Listed Company, WSJ Says
- Treasuries May Drop Before Reports Showing an Acceleration in Inflation
- Bond Strategists: Inflation to Push Up Treasury Yields, Credit Suisse Says

** US AFTER HOURS **
- Agilent (-1.5% after hours) reported Q2 (Apr) earnings of $0.34 per share, in
line with the Reuters Estimates consensus. Total revenues rose 12.0% year/year
to $1.43 bln vs. the $1.41 bln consensus. Co also issued in-line guidance for
Q3, sees EPS of $0.37-0.42 (consensus $0.38) and revenues of $1.37-1.43 mln
(consensus $1.43 bln).

** ASIAN MARKETS **
Nikkei -2,11%; Kospi -2,66%; HSI -0,63%; Taiwan -1,48%; China -1,9%; India
-1,93%; Thailand -1,51%; Australia -0,52%

** ASIAN HEADLINES **
– Japan Needs Spending Cuts, Minimal Consumption Tax Increase, Takenaka Says
- Rio, BHP May Win Higher Iron Ore Prices After Vale Get 19 Percent Increase
- Asian Stocks Fall for Sixth Day, Led by BHP Billiton on Commodities Prices
- Japan’s Households Are Confident for First Time in 15 Years as Wages Climb
- Xstrata to Buy BHP’s Tintaya Copper Mine for $750 Million in Cash and Debt
- Copper Futures in Shanghai Slump 4 Percent Amid Concern Rally Was Overdone
- Gold Advances in Asian Trading as Dollar Declines Against Major Currencies