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Dow index reaches its highest in 13 months

November 10, 2009

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The Dow stormed to a 13-month high as a falling dollar boosted prices for commodities, including gold and oil. Stocks also jumped on news that the G20 will keep economic stimulus measures in place, a signal to investors that interest rates will remain low. Financial companies gained the most of 10 industry groups in the S&P 500, up 3.6% collectively.