DAI: Wall Street rallies 3 percent in broad advance

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	12/20/2011
Good Evening LATEST NEWS Wall Street rallies 3 percent in broad advance NEW YORK (Reuters) - Stocks rallied nearly 3 percent on Tuesday as investors bought surging banks, homebuilders and networking companies, though low volume was seen as amplifying the market's move. | Full Article Jump in housing starts points to recovery December 20, 2011 03:16 PM ET WASHINGTON (Reuters) - Housing starts and building permits jumped to a 1-1/2 year high in November as demand for rental apartments rose, suggesting the housing market was entering a tentative recovery. | Full Article Exclusive: An inside look at David Einhorn's "big short" December 20, 2011 01:05 PM ET (Reuters) - Hedge fund manager David Einhorn is taking an even harder line against Green Mountain Coffee Roasters , his big short trade, claiming a recent audit committee review of the accounting issues he flagged is nothing more than a "whitewash." | Full Article Fed bank capital, liquidity proposal follows Basel December 20, 2011 04:32 PM ET WASHINGTON (Reuters) - The Federal Reserve proposed new capital and liquidity rules for the largest U.S. banks that would roll out in two phases and not likely go further than international standards. | Full Article Oracle sales miss forecasts, shares plunge December 20, 2011 04:23 PM ET BOSTON (Reuters) - Technology giant Oracle Corp reported software and hardware sales that missed its own forecasts, sending its shares plunging 8 percent. | Full Article US TOP NEWS Obama says time running out for payroll tax cut deal December 20, 2011 03:55 PM ET WASHINGTON (Reuters) - President Barack Obama on Tuesday demanded that Republicans in the House of Representatives quickly pass a short-term extension of a payroll tax cut, showing an unwillingness to back down in a fight that could result in higher taxes for 160 million American workers. | Full Article In mourning, hermit kingdom North Korea seals itself off December 20, 2011 02:57 PM ET DANDONG, China/WASHINGTON (Reuters) - North Korea was in seclusion on Tuesday, a day after it announced the death of its leader Kim Jong-il, as concern mounted over what would happen next in the deeply secretive nation that is trying to build a nuclear arsenal. | Full Article Spain borrowing costs dive December 20, 2011 02:14 PM ET MADRID (Reuters) - Short-term financing costs for euro zone struggler Spain more than halved on Tuesday as banks lapped up debt at an auction, with much of the purchasing power said to come from cut-rate money to be lent by the European Central Bank. | Full Article U.S. general returns from Iraq with Baghdad flag December 20, 2011 02:34 PM ET WASHINGTON (Reuters) - The last commander of U.S. forces in Iraq returns to the United States on Tuesday carrying the command flag that flew over Baghdad. | Full Article Iraqi Sunni leaders denounce PM Maliki December 20, 2011 03:15 PM ET BAGHDAD (Reuters) - The Iraqi vice president accused of running death squads hit back at the prime minister on Tuesday in a sectarian feud that risks wrecking Iraq's fragile balance of power, just days after U.S. troops finally withdrew. | Full Article HEALTH NEWS Insight: Pharma asks the money question earlier for new drugs Experimental malaria vaccine shows early promise Sleep disorders common in cops: study California sperm donor at odds with federal regulators Moms' pesticide exposure tied to infection in kids RELATED VIDEO Top tech holiday gifts Markets shoot higher in U.S., Europe U.S. Morning Call: AT&T hangs up bid on T-Mobile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Disgraced duke's figure moved in Madrid wax museum Full Article - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend