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Stocks reach new high for the year
By SARA LEPRO and TIM PARADIS AP Business Writers
NEW YORK (AP) - Investors halted a three-day losing streak on the stock market, sending prices broadly higher on a weaker dollar and better-than-expected home sales numbers.
The National Association of Realtors says Monday that home sales rose 10.1 percent in October to the highest level in two and a half years, spurred by a tax credit for first-time homebuyers.
A falling dollar is pushing prices for commodities higher.
The Dow Jones industrial average is up 133 at 10,451, a 13-month high. The Standard & Poor's 500 index is up 15 at 1,106. The Nasdaq composite index is up 30 at 2,176.
Four stocks rose for every one that fell on the New York Stock Exchange. Volume totaled 977.5 million shares compared with 1.1 billion Friday.
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Terri Schiavo Anniversary
Five years ago Thursday, Terri Schiavo's feeding tube was removed. She died 13 days later.
Was removing the feeding tube the right decision?
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