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To: wyllisx2 who wrote (41083)	10/8/2009 7:10:50 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 48465

Commodities, Stocks Rally as Alcoa Earnings Top Estimates, Dollar Declines. Copper and oil gained while stocks rose for a fourth day as better-than-estimated earnings from Alcoa Inc. signaled the economic recovery is boosting raw- material demand. Gold set a third record as the dollar fell. Copper reached a two-week high and crude oil added as much as 1.5 percent. Gold advanced for a fifth day as the Dollar Index, a gauge of the greenback’s performance against six major currencies, retreated 0.7 percent. The MSCI World Index of equities in 23 developed countries rose 0.8 percent at 10:40 a.m. in London and futures on the Standard & Poor’s 500 Index increased 1 percent. Russian stocks and bonds led gains in emerging markets. Alcoa, the largest U.S. aluminum producer, reported an unexpected profit for the third quarter and Chief Executive Officer Klaus Kleinfeld predicted demand will improve in the second half. Central bankers around the world have driven borrowing costs to record lows to revive growth, including coordinated cuts in six regions a year ago. “We do clearly see growth, substantial growth I might add, in China, a stabilization in North America,” Kleinfeld said on a conference call late yesterday. The “second half of the year is clearly better than the first half in many industries and also in many regions.”