The U.S. economy generated scarcely 69, 000 net new jobs in May, dashing hopes for a sustained recovery from the Great Recession and presaging yet another summer of economic doldrums.

FORBES: The Great Startup Slowdown

Moreover, America has insisted that Iraq must remain intact, so dashing their hopes of creating an independent Kurdistan.

ECONOMIST: Problems, problems | The

They mostly blamed Britain, one of three European sponsors of a tough resolution, and the United States for dashing their hopes.

ECONOMIST: The Iranians are blowing hot and cold in Iraq

Hamilton's simmering rivalry with his McLaren teammate Fernando Alonso spilled over to the racetrack, dashing his hopes to win his first Formula One driver's title.

FORBES: Risk and Reward

Branson had already been irked when Sky bought a 17.9% blocking stake in British commercial broadcaster ITV, effectively dashing any hopes he'd harbored for buying the company.

FORBES: BSkyB Jumps On More Subscribers

Beckham suffered World Cup heartbreak when rupturing his Achilles tendon while on loan at AC Milan from Los Angeles Galaxy, dashing his hopes of appearing in the finals for the fourth time with England.

CNN: Messi tops Beckham in football rich list

Dashing any lingering hopes in Pakistan that America might intervene in Kashmir - anathema to India - Clinton stated plainly that the U.S. would not act as a mediator.

CNN: The India Tilt

The day's lows occurred late in the session, after Dow Jones Newswires reported that European Union finance ministers' four-hour teleconference failed to yield a new agreement to beef up the region's rescue funds, dashing traders' hopes for progress increasing the region's bailout powers.

WSJ: Stocks End on a Low Note

And he proved impossible to negotiate with, raising hopes of peace talks one minute and dashing them the next.

ECONOMIST: Russia and Chechnya