Stocks Climb as Falling Dollar Boosts Commodities

Major stock indicators rose more than 1%, including the Dow Jones industrial average, which added 126 points and traded above 10,500 for the first time since last year. A weaker Dollar again boosted stocks, a pattern that has played out for months. The cheaper U.S. currency drove up commodities prices and lifted the shares of energy and materials companies that produce them.

The broader Standard & Poor's 500 index gained 13.23, or 1.2%, to 1,108.86, while the Nasdaq composite index rose 31.21, or 1.5%, to 2,175.81.