Wall Street stocks, dollar mount rallies

New York - Wall Street stocks, dollar mount ralliesWall Street stock indices rose Wednesday, while the dollar also rallied and gold prices continued to drop.

The blue-chip Dow added 38.19 points, or 0.34 per cent, to 11,268.92. The broader S&P 500 Index rose 7.53 points, or 0.61 per cent, to 1,232.04. The technology-heavy Nasdaq Composite Index gained 18.89 points, or 0.85 per cent, to 2,228.7.

The US currency rose Wednesday to 71.482 euro cents from 70.84 euro cents on Tuesday. The dollar leapt against the Japanese currency to 107.77 yen from 106.89 yen on Tuesday.

Gold lost 14.75 dollars to 762.50 dollars per fine ounce on Wednesday. (dpa)

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