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Stocks climb, pushing the Dow Jones industrial average above 18,000

Stocks climb, pushing the Dow Jones industrial average above 18,000

Stocks rose for the third day in a row Wednesday as machinery and mining companies traded higher. Oil prices also continued their rise, and stocks and oil prices are at their highest in almost a year.

Metals prices jumped as the dollar weakened. Also trading higher were makers of beverages and other consumer goods. That's because a weaker dollar could mean better sales and bigger profits for U.S. companies that do a lot of business overseas.

Kate Warne, an investment strategist for Edward Jones, said the dollar weakness won't last: The Federal Reserve is preparing to eventually raise interest rates, which will make the dollar stronger, while stimulus policies of central...

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