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Stocks At 13-Month Highs As Dollar Slips

November 16th, 2009 by Yahoo/Reuters News Filed under Featured, Feeds, Free Republic, Politics.[0 views]
Stocks At 13-Month Highs As Dollar Slips On 1:37 pm EST, Monday November 16, 2009 By Rodrigo Campos Reuters - U.S. flags hang on the facade of the New York Stock Exchange, October 8, 2009. REUTERS/Chip East ... NEW YORK (Reuters) - U.S. stocks rose on Monday to 13-month highs led by energy and materials shares even as Federal Reserve Chairman Ben Bernanke said the economic expansion probably will not be as robust as hoped. Commodity-related companies led the broad advance as oil and metals prices rose, lifted by a declining U.S. dollar. The dollar weakness prompted investors into riskier...

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