US STOCKS-Wall St rebounds as gold recovers, data signals strength
* Gold prices rebound after selloff
* Consumer prices decline, housing starts rise
* Coca-Cola lifts Dow after earnings, territory deal
* Indexes up: Dow 0.79 pct, S&P 0.82 pct, Nasdaq 0.80 pct
By Chuck Mikolajczak
NEW YORK, April 16 (Reuters) - U.S. stocks rose on Tuesday after the worst decline since November in the prior session as gold's price made a modest recovery and government data on inflation and housing signaled an improving economy.
Spot gold gained 2.8 percent as the market tried to steady after the precious metal recorded its biggest ever daily drop in dollar terms in the prior session. But even as physical buyers seized on the lower prices, investors remained jittery about further declines.
U.S.-listed shares of gold miners Barrick Gold and Randgold Resources rebounded along with the precious metal. Barrick rose 3.6 percent to $20.50 and Randgold climbed 4.5 percent to $72.17. The PHLX Gold/Silver index advanced 3 percent.
U.S. stocks posted their worst day since Nov. 7 on Monday as big declines in the price of gold, oil and other commodities fed a broad selloff in equities. Stocks fell further after two fatal explosions near the finish of the Boston Marathon. Continued...