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NEW YORK--Wall Street was lower at the beginning of negotiation Tuesday, as investors concerned by the crisis current debt in Europe and digested new optimistic about U.S. consumer confidence.

The Dow Jones industrial average fell some 100 points in the course start, falling below 11,000 psychologically significant.

But the market has been recently prune its losses soon after the monthly survey of the Committee of the Conference of the consumer confidence showed confidence of the American economy is passed in November at the highest level in five months.

Reading is an encouraging sign at the beginning of the holiday shopping season. But confidence is low as u.s. grapple with high unemployment rate.

The report, published in the course of early shows that US consumer confidence index now resisting 54.1, involvement of 49.9 revised in octobre.Les analysts expected to 52, 0.Novembre reading marks the highest point since 54.3 June.

Economists carefully monitor confidence because consumer spending accounts for about 70 percent of U.S. economic activity and is essential to a strong recovery. It takes a reading of 90 to indicate a healthy economy.

On the European markets were also lower and the euro fell briefly below $1.30 for the first time since mid-September, as traders expressed concern that Portugal or possibly the Spain will require external aid to deal with their debt.

To open it, a new report showed the price of single-family homes fell in September, more than twice as fast as expected in the months before, while compared to the previous year prices have increased more slowly than expected, according to a widely viewed in the United States index prices published on Tuesday.

New businesses, Baldor Electric Co. shares jumped after that Fort Smith, Ark.-based manufacturer of industrial motors.said he agreed to be acquired by based at Zurich ABB Ltd. to $63.50 share, well above course Baldor $45.11 Monday closing.Baldor changed hands for $63.06 in prior ecommerce.

Google Inc. shares decreased by 1% to $576.20 after that regulators prior negotiation European launch an investigation to determine if the company has abused its dominant position on the market b.c online search ' is the first major probe in the giant online business practices.

Barnes & Noble Inc., most large traditional book seller nation, is scheduled to report its second fiscal quarter earnings before the market opens.

Abroad, the concerns that Portugal or possibly the Spain will require external aid to deal with their debt continued to worry investors .the ' euro fell briefly below $1.30 for the first time since mid-September .the Asian markets fell on the growing expectations that China will have to increase the rate of interest to keep inflation in check.

European markets were mixed .the ' key actions British FTSE 100 index was down 0.2%, while the DAX Germany increased 0.2 the Japan %.Nikkei fell 1.9% and Hang Seng fell Hong Kong 0.7%.

The Associated Press and Reuters have contributed to this report.

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