The Dow Jones industrial average stormed to its highest level in more than a year today as a falling dollar boosted prices for commodities including gold and oil. Stocks also jumped as investors grew more confident that governments around the world will keep interest rates low to help the global economy. Energy and materials stocks led the market higher. Major indexes rose 2% , including the Dow, which jumped 200 points for the second time in three days, to its highest level in 13 months. News that the Group of 20 countries will keep their economic stimulus measures in place signaled to investors that rates will remain low. With U.S. rates near zero, the G-20 news lessened demand for the dollar. According to preliminary calculations, the Dow rose 203.52, or 2%, to 10,226.94, its highest finish since Oct. 3, 2008. The index rose as high as 10,228.23, topping its previous 12-month trading high of 10,119.46 set last month.
Dow hits highest mark in more than a year
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