GLOBAL MARKETS-Stocks up, euro dips as technicals offset Spain worry

NEW YORK: Wall Street stocks rose and the euro fell to its lowest level versus the U.S. dollar in over two weeks on Tuesday, as technical buying offset a near tripling in Spanish debt costs on doubts a European summit can ease the region's debt crisis.

Low expectations for the meeting in Brussels on Thursday and Friday helped drive Spanish short-term borrowing rates to their highest in more than six months when the country sold just over 3 billion euros ($3.8 billion) of three- and six-month debt.