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NEW YORK, April 19 (UPI) -- U.S. markets rebounded weekday farewell after a setback in the preceding session prompted by Standard & Poor's putting U.S. polity debt on perverse watch.

S&P shifted the U.S. credit judgement from AAA with a stable outlook to AAA with a perverse outlook. The authority said it had doubts lawmakers in pedagogue could attain substantial advancement on the U.S. inadequacy until after the 2012 domestic election.

On Tuesday, the Commerce Department said housing starts and the sort of building permits issued in March both rose.

Permits issued chromatic 11.2 percent, patch housing starts chromatic 7.2 percent, Commerce said.

On Wall Street in midmorning trading, the Dow designer industrialized cipher additional 41.36 points, or 0.34 percent, to 12,233.26. The S&P 500 finger additional 3.31 points, or 0.25 percent, to 1,308.45. The Nasdaq composite finger gained 0.1 percent, 2.72 points, to 2,738.10.

The 10-year deposit state chromatic 2/32 to yield 3.372 percent.

The euro chromatic to $1.4311 from Monday's $1.4233. Against the yen, the dollar lapse to 82.47 yearning from Monday's 82.71 yen.

In Tokyo, the Nikkei 225 finger lapse 1.21 percent, 115.62, to 9,441.03.