Summary Box: Dow jumps on encouraging Europe news (AP)

DOW JUMPS: Encouraging signs out of Europe and a surprisingly strong report on the U.S. housing market drove the Dow Jones industrial average up 337 points Tuesday. It was the best day for stocks this month.

SPAIN: Borrowing costs for the Spanish government plunged at an auction of short-term debt, a sign that bond buyers are becoming more confident in the country's ability to pay them back.

HOUSING: The Commerce Department said builders broke ground on 685,000 new homes last month, the highest level since April 2010.

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/ap/20111220/ap_on_bi_ge/us_wall_street_summary_box

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