On Wall Street, bank shares dragged the Dow lower. At 12.47pm, the index had shed 383 points, falling below the 34,000 mark. Communication services paced six of the S & P 500’s 11 industry groups lower. In contrast to Goldman’s drop, Morgan Stanley rose 7.5 per cent after it reported better than expected results, principally because of a strong performance from its wealth management business. Today's agenda No local data Overseas data: Japan November machinery orders and industrial production; UK December CPI at 6pm AEDT; US December PPI final, retail sales and industrial production, November business inventories, January NAHB housing...