The major indices post strong gains, modestly below session highs.
The failure of finacial instutions in Europe is sparking a rally in the
dollar. The dollar is up 2.7% against a basket of world currencies,
its largest one-day percent gain since 1992.
The strength in the dollar is helping to limit the gain in the CRB
Index, which measures a basket of 19 commodities, to just 0.2%. Crude
oil prices are up 1.4% to $97.73 per barrel, while gold prices are down
2.1%.