The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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U.S. stocks end with mild gains on housing data

NEW YORK (MarketWatch)
U.S. stocks on Wednesday finished with mild gains, with the Dow Jones Industrial Average rising for a fourth session in its longest win streak in nearly five weeks, after data had new-home construction hitting a four-year high
 "We continue to have one sector that is increasingly positive -- housing -- and today's data proves that out again," said Art Hogan, market strategist at Lazard Capital Markets
The Dow Jones Industrial Average added 5.22 points to 13,557
The S&P 500 index climbed 5.99 points to 1,460.91
The Nasdaq Composite gained 2.95 points to 3,104.12

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