U.S. Stocks rally in place, regained 12,000 points

U.S. Stock Market goes up on Tuesday morning, reassured by the success of an award in Spain and the improving trend in the U.S. housing market.
As we approach midday, the Dow climbed 2.3% and recross the 12,000 points at 12,042.6 points and the Nasdaq rose 2.7% to 2591.1 points.
The situation in the euro area and the evolution of the single currency in recent months have become the main tools for measuring investors’ appetite for risky assets.
But the concerns about the European debt eased with a successful bond issue by Spain. Today, Madrid is set to 3.7 billion euros of shares to three months, to a yield of 1.735% and a coverage ratio of 2.86.
The euro took the opportunity to go up towards $ 1.31, less than 1.3095.
On the front of the statistics, housing starts rose 9.3% annualized in November, while the new building permits rose 5.7% last month.
Analysts said the continued recovery in housing starts validates the scenario of an economic recovery in the U.S., with an acceleration of activity expected in 2012 and 2013.
As for values​​, AT & T advance of 1.1% after renouncing the acquisition of T-Mobile face of opposition by U.S. authorities, which did not prevent him to pay four billion dollars in compensation to Deutsche Telekom.
General Mills loose 1.8% after unveiling a profit decline for the second quarter, while its revenue rose over the period.

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