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Wall Street opens the week with gains

The US stocks market closed Monday with gains recovering initial loses on China housing bubble concern. Apple's shares hit its 52-week low at $419.00

The Dow Jones added 38.16 points or 0.27% to finish at 14,127.82. The S&P 500 advanced 7 points or 0.46% to 1,525.20. And the Nasdaq Composite gained 12.29 points or 0.39% to 3,182.03.

Session Recap: USD loses some strength

Riskier currencies are recovering some ground against the Greenback following an initial period of consolidation on lows. The GBP/USD has broken above its perfect range between 1.5010 and 1.5040 to jumps above the 1.5100 area. The AUD/USD bounced from 8-month lows at 1.0115 to test the 1.0200 frontier and the USD/CAD returned to the bottom of its range at 1.0275.
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