Closing Wall Street: Nasdaq 0.96% 0.67% Dow Jones

Wall Street displayed up on Tuesday, despite an indicator of U.S consumer confidence from the Conference Board and a disappointing S & P / Case-Shiller home prices decline. In the news business, Apollo, McCormick or Lennar announced their accounts today. The DJIA took 0.67% closing at 12,279 points, while the Nasdaq gained 0.96% to 2757 pts.

The index of U.S consumer confidence measured by the Conference Board stood at 63.4 in March 2011, 64.9 cons of consensus among economists and 72 in February (revised from 70.4). After a peak of three years enrolled last month, this indicator of morale of the Americans then resumed the downward path.

Consumers in the United States are most concerned about rising gasoline prices and supply and stagnant wages. According to economist Lynn Franco of The Conference Board, this decline in confidence in March would probably impact the expenditure decisions.

Standard & Poor's released its latest survey on house prices in the United States. The S & P / Case-Shiller index that assesses residential property prices in 20 major U.S. metropolitan areas fell as expected by 3.1% year over year in January 2011, in line with the consensus of economists. It down 1% excluding seasonal adjustments from December, reflecting the sixth consecutive month of decline.

Prices fell in 19 of the 20 study areas in January compared to December. Only Washington is progressing on the month.

James Bullard, president of the St. Louis Fed speaking today, said that the issue of normalization of U.S. monetary policy would be a key issue this year. For Bullard, monetary policy should keep accommodative in the U.S., but the Fed could not wait for complete healing of all current risks (Europe, Middle East, North Africa, Japan, U.S. tax) to raise a Part of its flexibility. The greenback has temporarily benefited from these ads.

Dennis Lockhart, who heads the Atlanta Fed, had expressed confidence yesterday about the U.S. economic recovery, expected "strong". The manager said he was satisfied with the current monetary policy and does not really concerned about inflation, as revenue growth remains very modest about it. While short-term measures of inflation have accelerated in recent months, Lockhart remained upright in his boots and thinks that this will not last.