Las Vegas NowDow Jones Hits 52 Week High
The Dow Jones industrial average is at its highest level in more than a year as a falling dollar boosts prices for commodities including gold and oil.
Stocks have jumped Monday as the dollar slid and confidence grew that governments will keep trying to revive the world's economies.
News that the Group of 20 countries will hold stimulus measures in place is a signal to investors that interest rates will remain low.
The Dow is up 204 at 10,227, its second 200-point gain in three days. The Standard & Poor's 500 index is up 24 at 1,093. The Nasdaq composite index is up 42 at 2,154.
Five stocks rose for every one that fell on the New York Stock Exchange. Volume totaled 1.2 billion compared with 1.1 billion Friday.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
Comments Terms of Use: We welcome your participation in our community. Please keep your comments civil and on point. You must be at least 13 years of age to post comments. By submitting a comment, you agree to these
Terms of Service
You must be logged in to leave a comment. Login or register See all comments |
