GLOBAL MARKETS: Late rally lifts US shares, euro up on debt sales
NEW YORK, June 17 (Reuters) - U.S. stocks rose in a late rally on Thursday, overcoming weak economic data that added to worries about a fragile recovery, while European shares and the euro gained on reassuring demand for Spanish government bonds.
"I don't think that the buyers are willing to give up on the market just yet, we still have quite a bit of momentum," said Peter Kenny, managing director at Knight Equity Markets in Jersey City, New Jersey.
Stocks, euro turn higher after Spanish auction
LONDON, June 17 (Reuters) - World stocks hit a one-month high and the euro rose broadly after Spanish bond issues drew strong demand, easing concerns over the country's public finances.
"The strong demand for Spanish bonds should help restore confidence," said Ciaran O'Hagan, strategist at Societe Generale.
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