Wall Street today dispiriting disregarded data on the housing market in the U.S., one that most investors tend to worry New Yorkers, and the Dow Jones industrials managed to reverse the trend bass in the morning to finish in positive territory.The day on Wall Street, could have been overshadowed by these data and the growing instability in the Middle East, as well as the rejection of the Government savings scheme in Portugal, lived, however, a "rally" in the last hour of hiring and forgot the red numbers on the start of the session.

The Dow Jones industrials, the main reference of the New York Stock Exchange, which brings together the 30 largest listed companies in the country, ended the day with an increase of 0.56% on the added 67.39 points to close at 12086.02 units above the altitude of 12,000 points on Monday regained.

Something similar happened with the other two benchmarks for Wall Street, the selective S & P 500 and Nasdaq composite index, which declines after scoring for much of the day ended with increases of 0.29 and 0.54% , respectively.

Advances occurred Wednesday, according to some analysts, as part of a rebound that has been occurring in recent days, on Monday the Dow gained 1.5% - to regain lost ground by declines that continued to earthquake in Japan on June 11.

Thus, Wall Street managed to escape unscathed from a day that could have made it difficult after the U.S. Commerce Department to disseminate new home sales in this country dropped by 16.9% in February compared to January, the biggest monthly decline ever recorded.

The figure confirms the persisting weakness in the U.S. housing market whose collapse under the weight of subprime mortgages, among other factors led in 2008 to the financial crisis deeper and more prolonged in nearly eight decades.

This information is not hopeless however increased declines that had been occurring during the morning, if not that the main Wall Street indexes were changed to positive territory as the hours passed on the floor of New York.

You can also rebound alluding to some analysts is influenced in bullish mood today's 0.75% rise experienced by the price of Texas crude, to $ 105.75 a barrel, more moderate than the above developments point oil percentage lived in the past two days.

The rally that has seen three days of Texas oil has occurred as a result of the fighting in Libya, where the coalition continues to carry out air strikes since the weekend against forces loyal to Muammar Gaddafi, who besieged cities Ajdabiya, and Zauiya Misrata.

Indeed the instability in Libya and other countries of North Africa and the Middle East today that caused gold futures contracts reached again a record in the New York Mercantile Exchange, which closed at $ 1,438 an ounce.

Investors were also closely followed what happened today in Portugal, where finally the government conservation program has not achieved a parliamentary majority.

Following the closing of the Stock Exchange confirmed the fears of many on Wall Street as Prime Minister luso, José Socrates, announced his resignation.

From the business world seemed more encouraging news after the aircraft manufacturer Boeing climbed 1.21% after saying it has managed to find alternative sources of Japanese parts suppliers hit by the earthquake, so that its production of aircraft not has been affected.

For its part, the group Colgate-Palmolive fell 0.18% on a day which announced it would acquire for $ 940 million personal care brand Sanex from the European firm Unilever, which, in turn, purchase the American detergent business in Colombia for $ 215 million.


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