US STOCKS-Wall St ends at record highs; commodity shares climb

lunes 15 de agosto de 2016 16:42 GYT

* 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 close with latest volume)

By Caroline Valetkevitch

Aug 15 (Reuters) - All three major U.S. stock 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...