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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of jobs
SAN FRANCISCO (MarketWatch)
U.S. stocks closed near the highs of the session Monday, led by defensive sectors, in choppy, low-volume trading dominated by news items from Europe.
The Dow Jones Industrial Average gained 85.15 points, or 0.7%, to 12,068.39,
led by a 3.4% rally in Hewlett-Packard Co. shares
The S&P 500 rose 7.89 points, or 0.6%, to 1,261.12.
In a last-hour reversal, gains spread to all 10 industry sectors, led by health care and telecommunications.
The Nasdaq Composite rose 9.10 points, or 0.3%, to 2,695.25.
Stocks spent part of the session lower as
finance ministers met in Brussels to work out details of a Greek rescue deal, and Greek and Italian governments remained in flux.
NYSE exchange volume was 782 million, or 75% of the last month's average.
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