Daily Investor Briefing: Wall Street ends with sharp losses in...

	Click to View in Browser 01/5/2015 Wall Street ends with sharp losses in broad decline NEW YORK (Reuters) - U.S. stocks fell sharply on Monday, with both the Dow and S&P 500 suffering their biggest one-day declines in about three months on concerns that economic problems elsewhere could hurt the United States. Oil extends crash into new year as glut fears deepen NEW YORK (Reuters) - The selloff in global oil markets showed little signs of slowing in the new year, with prices down as much as 6 percent on Monday, the lowest since spring 2009, as fears deepened a supply glut that has vexed the market for six months would continue. Breaking up JPMorgan could lift its stock price, Goldman analyst says (Reuters) - New capital rules that penalize big banks could add pressure to JPMorgan Chase & Co to break itself up to boost its stock price, a prominent stock analyst from Goldman Sachs Group Inc wrote on Monday. BMW retakes U.S. luxury auto sales crown from Mercedes-Benz DETROIT (Reuters) - BMW on Monday regained bragging rights as the top-selling luxury brand in the United States, ending the one-year reign of German rival Mercedes. FBI is examining Morgan Stanley client data breach: source NEW YORK (Reuters) - The U.S. Federal Bureau of Investigation is looking into what Morgan Stanley said was the theft of wealth-management client data by a former employee, a person familiar with the matter said on Monday. JPMorgan settles currency price rigging lawsuit in U.S. NEW YORK (Reuters) - JPMorgan Chase & Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion-a-day foreign exchange market. Keystone pipeline would have little impact on gas prices: W. House WASHINGTON (Reuters) - The White House said on Monday that U.S. President Barack Obama believes the proposed Keystone XL pipeline would have little impact on U.S. gas prices but a spokesman would not say whether he would veto Republican legislation related to the project. Morgan Stanley says wealth management employee stole client data (Reuters) - Morgan Stanley said on Monday it had fired an employee who allegedly stole account information from about 350,000 of its wealth management clients and posted some of it online. Saudi slashes monthly oil prices to Europe; trims U.S., ups Asia NEW YORK (Reuters) - Saudi Arabia made deep cuts to its monthly oil prices for European buyers on Monday, a move some analysts said reflects the kingdom's deepening defense of market share, although it also hiked prices in Asia from record lows. U.S. auto sales end 2014 strong but slower growth looms DETROIT (Reuters) - Automakers reported strong December U.S. sales on Monday, boosted by falling gasoline prices, but industry executives and analysts cautioned that growth would slow in 2015 after five years of rapid recovery from the recession. Related Video Luxury auto sales will grow in 2015-TrueCar's Lyman Breakingviews: Animal spirits and crisis ghosts Related News FBI is examining Morgan Stanley client data breach: source JPMorgan settles currency price rigging lawsuit in U.S. A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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 - 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