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U.S. Stocks, Commodities Jump as Dollar Slides on G-20 Stimulus


U.S. stocks extended a global rally, sending the Dow Jones Industrial Average to a 13-month high, and the dollar slid after the Group of 20 nations agreed to maintain economic stimulus efforts. Commodities climbed, with gold reaching a record above $1,100 an ounce.

The S&P500 Index advanced 2.2 percent to 1,093.08 at 4:05 p.m. in New York for its sixth straight gain. The Dow added 203.52 points, or 2 percent, to 10,226.94. Nine stocks gained for each that fell on the New York Stock Exchange.

(Bloomberg.com)



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