Wall St ends up on home sales, weak dollar

23 November 2009 @ 04:16 pm EDT

U.S. stocks ended higher on Monday, snapping a three-day losing streak as stronger-than-expected home sales fueled optimism while a weaker dollar boosted commodity-linked stocks.


A home sold by KB Home displays a
A home sold by KB Home displays a "sold" sign out front in Golden, Colorado October 27, 2009.
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Based on the latest available data, the Dow Jones industrial average <.DJI> rose 132.79 points, or 1.29 percent, to end unofficially at 10,450.95. The Standard & Poor's 500 Index <.SPX> was up 14.86 points, or 1.36 percent, to finish unofficially at 1,106.24. The Nasdaq Composite Index <.IXIC> was up 29.97 points, or 1.40 percent, to close unofficially at 2,176.01.

(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)

Copyright 2009 Thomson Reuters. All rights reserved.

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