SAN FRANCISCO (MarketWatch) — The dollar pared losses and Treasury prices extended losses on Wednesday after a report said U.S. housing starts jumped to an 872,000 rate in September, a much faster pace than expected. The euro traded at $1.3125, from $1.3127 before the report and $1.3051 in North American trade late Tuesday. The ICE dollar index , which measures the U.S. unit against a basket of six major currencies, pared a loss to 79.023 versus 79.371 on Tuesday. Yields on 10-year notes , which move inversely to prices, rose 4 basis points to 1.77%. Bond prices and the greenback were under pressure before the data after Moody’s Investors Service left Spain’s credit rating in investment-grade territory, offering relief to stock traders. 11 MINS AGOUPDATE U.S. stock futures mostly up after housing starts Permalink Facebook Twitter NEW YORK (MarketWatch) — U.S. stock futures gained Wednesday after the Commerce Department reported construction on new homes increased 15% in September to an annual rate of 872,000. The report easily surpassed Wall Street estimates. Futures for the Dow Jones Industrial Average were up 18 points at 13,471. Futures for the S&P 500 index rose3.9 points to 1,452.80. Nasdaq 100 futures were down 5 points at 2,760.25.

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