Markets Rally On Housing

Print Email

Markets moved up at the open with the DJIA higher by over 200 points.

Market leaders included

Sprint-Nextel (NYSE: S), up nearly 5% as the AT&T (NYSE: T) deal with T-Mobile was cancelled.

Alcatel-Lucent (NYSE: ALU) was up 10%.

Nokia (NYSE: NOK) surged 6.5% as it introduced its newest smartphones

MarketWatch commented

- U.S. stocks surged at the open Tuesday, supported by a better Spanish bond auction, data showing an improvement in the German economic outlook and a jump in U.S. housing starts

RSS Facebook Twitter