US STOCKS-Wall St extends losses as oil rises

US STOCKS-Wall St extends losses as oil rises - Reuters NEW YORK, July 9 (Reuters) - U.S. stocks extended losses on Wednesday as oil prices rose, renewing concerns about the impact of higher energy costs on consumer spending, while a sharp drop in shares of Cisco Systems Inc (CSCO.O: Quote , Profile Source: www.reuters.com Shares expected to follow Wall St lower - News.com.au THE share market is expected to open lower today after US equities fell as investors grappled with renewed worries about the soundness of the US financial sector. On the Australian Securities Exchange, the September share price index futures contract Source: www.news.com.au Wall Street ends trading session down sharply - MSNBC NEW YORK - Wall Street fell sharply Wednesday as investors, keeping a wary eye on oil prices, found little reason for buying ahead of second-quarter earnings reports. The Dow Jones industrial average fell more than 200 points, more than wiping out Source: www.msnbc.msn.com