Stocks rallied during the last trading session in the U.S. The Dow Jones
Industrial Average , as well as the Nasdaq and S&P 500, started the day with
brighter futures and were able to slope positively throughout the course of the
last trading session. Some positive economic news posted in the U.S. and the
attention seemed to deflect negative energy stemming from the ongoing debt
crisis in the eurozone. Also, a significant rally was set off in the eurozone
last session. German consumer confidence posted better than expected as did the
results of a Spanish debt auction that took place yesterday. Stock indices were
pushed aloft by the better-than expected housing data that posted in the U.S. as
well. According to the housing report, new home construction numbers rose to an
annual rate of 685,000 in November and requests for building permits rose by 1.8
percent to 681,000. The positive eurozone close paired with the positive data
posting in the U.S. helped push U.S. composites up the ladder. Primary
indicators finished green across the board. As the trading session in the U.S.
closed out for the day, the DJIA , as well as the Nasdaq and S&P 500, finished
well above opening numbers. The DJI finished higher by 2.87 percent or positive
337.32 points at 12,103.58. The Nasdaq finished the session higher by 3.19
percent or positive 80.59 points at 2,603.73. The S&P 500 closed higher by 2.98
percent or positive by 35.95 points at 1,241.30. Frank Matto
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