U.S. markets found traction Tuesday, heading higher after the Commerce Department said the trade deficit shrank in November. The deficit fell to $34.25 billion in the month, sliding from October's revised $39.33 billion level. Exports rose to a record $193.1 billion , up by $1.7 billion , and imports dropped by $3.4 billion October to November to $232.5 billion . The blue-chip Dow Jones industrial average dropped 105.84 points Tuesday up 0.64 percent to 16,530.94. The Standard & Poor's 500 gained 11.11 points, 0.96 percent, to close at 1,837.88. The Nasdaq added 39.50 points, 0.96 percent, to 4,153.18. On the New York Stock Exchange , 3.4 billion shares were traded, with 2,051 issues advancing and 1,058 declining. In Europe , London's FTSE 100 gained 24.72 points, 0.37 percent, to close at 6,755.45. In Japan , the Nikkei 225 closed at 15,814.37 points, off 94.51 points, or 0.59 percent. The 10-year U.S. treasury was yielding 2.943 percent, gaining 5/32. The euro traded higher at $1.3615 and the dollar was marginally higher against the yen at 104.63 yen . Gold gave up $7.10 to settle at $1,230.90 an ounce on the Comex division of the New York Mercantile Exchange . Silver shed 26.8 cents to reach $19.835 . Crude oil was up 52 cents in late trading at $93.95 per barrel.
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