Economy Watch

[beast]

Dow Hits High for Year, 10,226.94, as Dollar Weakens

Stocks on Wall Street closed Monday at their highest level in
more than a year, with the Dow Jones industrial average
rising more than 200 points. The gains came after finance
ministers from the world's richest nations said over the
weekend that they would push ahead with efforts to revive
economic growth through interest rates and increased
government spending. But the ministers offered no assurance
that they would take steps to support the dollar, which sank
on world markets Monday, reaching $1.50 against the euro.

NY Times