New York  - US stocks lost ground for a second day as oil prices fell and analysts on Tuesday suggested a rally that lasted through much of March was unsustainable in the current economy.

The selloff came as the first quarterly earnings reports for 2009 were due to be announced.

Company profits were expected to drop about 37 per cent, according to a survey of Wall Street analysts by the Bloomberg financial news agency. It would be the seventh straight quarter of falling earnings.

New York  - With global economic misery escalating, the United Nations General Assembly Tuesday called for a global financial crisis meeting in June that it hopes will involve the leaders of all its members.

The General Assembly approved the plans by consensus in New York. Assembly President Miguel d'Escoto Brockmann appealed to all leaders of the 192 member states to come in person instead of sending lower ranking representatives, according to his spokesman.

New York, April 7 : Actress Bai Ling has trashed rumours that she slept with `The Wrestler' star Mickey Rourke.

The `Toxic' star had raised eyebrows after she was invited by Rourke for an LA bash.

But her spokesman Anthony D''Alessandro dismissed the link up, saying only friendship was brewing between the two.

"While Bai Ling, who is single, has dated a lot during her career, she isn''t some ''whore'' who hooks on to rising actors," the New York Post quoted Anthony, as saying.

"She considers Mickey Rourke a friend.

New York, Apr 7 : Hollywood actress Lindsay Lohan has apparently been left devastated by her split from lesbian lover DJ Samantha Ronson, for she has written disdainful remarks about the latter on her Twitter page.

"Being cheated on does wonders for you," the New York Daily News quoted Lohan as stating on her Twitter page.

New York, Apr. 7 : President Barack Obama's popularity with the American masses continues to be in ascendant mode, with the latest New York Times/CBS Poll pegging ratings at 66 percent.

Most Americans are confident that he is the right man for the job of rebuilding the nation's confidence.

Fully two-thirds said they approved of his overall job performance, especially with regard to his handling of the economy, foreign policy, Iraq and Afghanistan.

New York  - US stocks closed lower Monday, trimming some of last week's gains ahead of a batch of quarterly earnings reports for US companies.

Alcoa Inc, which will start the quarterly round of earnings reports Tuesday night, fell 3.4 per cent. The stock decline ended five straight days of gains amid some small signs that the US economy may be on the road to recovery.

Banking shares slid after a prominent Wall Street analyst warned of more massive losses despite the government's efforts to stabilize the financial sector.