Wall St bounces, led by utilities, as dollar drop eases earnings worry

The dollar fell across the board Monday on investor concerns its recent strength could prompt the Federal Reserve to be more cautious about raising interest rates this year. "It's just a little bit of relief from last week's selloff," said Joseph Benanti, managing director, sales and trading of Rosenblatt Securities in New York. At 1:19 p.m., the Dow Jones industrial average rose 176.44 points, or 0.99 percent, to 17,925.75, the S&P 500 gained 19.9 points, or 0.97 percent