Housing stocks led the way up with the Dow Jones U.S. home construction index <.DJUSHB> up 3.9 percent following data that showed U.S. existing home sales rose in November at the fastest pace since February 2007.
The Dow Jones industrial average <.DJI> rose 50.79 points, or 0.49 percent, to end at 10,464.93. The Standard & Poor's 500 Index <.SPX> added 3.97 points, or 0.36 percent, to 1,118.02. The Nasdaq Composite Index <.IXIC> gained 15.01 points, or 0.67 percent, to close at 2,252.67.
NYMEX- NEW YORK, Dec 22 (Reuters) - U.S. crude oil futures edged up in post-settlement trading on Tuesday after an industry group reported crude inventories fell more than expected last week.
Crude futures seesawed and then settled higher ahead of weekly oil inventory reports expected to show that crude and distillate stocks fell last week. The American Petroleum Institute in a report released Tuesday afternoon, said crude inventories fell 3.7 million barrels last week, despite imports rising 127,000 barrels per
day to 8.98 million bpd.
On the New York Mercantile Exchange, front-month February crude
CBOT- SOYBEANS - January
CBOT- SOYOIL - January
FCPO- KUALA LUMPUR, Dec 22 (Reuters) - Malaysian crude palm oil futures fell for a second day on Tuesday on a firmer U.S. dollar, but the decline was slower compared to the day before due to expectations of a stock drawdown. The benchmark March contract
REGIONAL EQUITIES-BANGKOK, Dec 22 (Reuters) - Most Southeast Asian stock markets gained on Tuesday as buying interests in big caps spanned across the region, helping Singapore end a three-day losing streak and pushing the Thai index to its highest in two months.
Malaysia's index <.KLSE> also reversed its three-day falls, closing up 0.4 percent, with gaming group Genting