US STOCKS-Wall St ends at record highs; energy, materials climb
* Dollar dips, helps commodities
* Fed to release minutes of July meeting on Wednesday
* Philadelphia semiconductor index hits 16-year high
* Indexes up: Dow 0.3 pct, S&P 0.3 pct, Nasdaq 0.6 pct (Updates to close)
By Caroline Valetkevitch
Aug 15 (Reuters) - All three major U.S. stocks indexes ended at all-time highs on Monday, extending their record-setting climb of the past few weeks as the dollar's weakness boosted commodity-related shares.
Deal news also bolstered stocks. Shares of Xylem rose 3.9 percent to $50.32 after the water technology company said it would buy Sensus USA for about $1.7 billion in cash.
Oil rose to five-week highs, driving the S&P 500 energy index up 0.6 percent, while other commodity-related shares also rose as the U.S. dollar eased. The S&P 500 materials index gained 1 percent.
While expectations that the Federal Reserve will continue to keep rates low have helped stoke the market's rise, some analysts say a better-than-expected earnings picture could propel further gains in stocks. Continuación...