The weak dollar continued to drive up major indices, with the Dow Jones, NYSE and S&P 500 reaching new highs for the year. The dollar dropped 0.6% against a basket of foreign currencies, lingering near its 52-week low.
Though the sliding dollar encouraged positive activity the broader market, energy and materials stocks had the most to gain, finishing with repective gains of 2.5% and 2.3%.
Gold also continued to make gains, tacking on 2.0% and hitting a record high of $1143.40 per before closing at $1139.20.
The Dow Jones Industrial Average rose 136.49 or 1.13% to 10,406.96.
The NASDAQ Composite gained 29.97 points or 1.38% reaching 2,197.85.
The S&P 500 rose 15.82 points or 1.45% to 1,109.30.
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