quarter earnings and raised its quarterly dividend. The U.S. dollar fell versus the euro and the yen. Light sweet crude oil for June delivery rose 84 cents to $112.29 a barrel on the New York Mercantile Exchange. Gold futures rose $4.90 to $1,503.80 an ounce The Dow Jones industrial average rose 52.45, or 0.4 percent, to 12,505.99, reaching the highest level since June 2008. The gains were led by an almost 4 percent surge in shares of Travelers, while IBM and Alcoa stocks rose about 2 percent. The broader Standard & Poor's 500 index rose 7.02, or 0.5 percent, to 1,337.38. The technology-heavy Nasdaq composite index rose 17.65, or 0.6 percent, to 2,820.16.
