Mart Stores Incorporated is reducing gasoline prices by 10 cents per gallon (3.8 liters) for three months to help consumers concerned about fuel costs amid a weakening economic recovery and busy summer travel season. The U.S. dollar fell versus the euro and the yen. Light sweet crude oil for August delivery rose $1.88 to $94.77 a barrel on the New York Mercantile Exchange. Gold futures rose $10.20 to $1,510.40 an ounce. The Dow Jones industrial average rose 72.73, or 0.6 percent, to 12,261.42. Bank of America led the index, rising 3 percent after the bank announced a multi-billion-dollar settlement. The broader Standard & Poor's 500 index rose 10.74, or 0.8 percent, to 1,307.41. The technology-heavy Nasdaq composite index rose 11.18, or 0.4 percent, to 2,740.49.
