NEW YORK (AP) — The stock market is picking up where it left off before its scare over debt problems in Dubai.
A weakening dollar has boosted stocks Tuesday, as it has for months. The cheaper U.S. currency drove up commodities prices and lifted the stocks of energy and materials companies that produce them.
Reports on housing, construction and manufacturing are signaling a strengthening trend in the economy.
For the day, the Dow Jones industrials are up 127 at 10,471. The Standard & Poor's 500 index is up 13 at 1,109. The Nasdaq composite index is up 31 at 2,176.
Four stocks rose for every one that fell on the New York Stock Exchange. Volume totaled 1.1 billion compared with 1.3 billion Monday.
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