[BRIEFING.COM] The S&P 500 has made its way to its best level of the session as the U.S. dollar surrenders its gains against foreign currencies. The Dollar Index is now up fractionally after being up nearly 0.8% earlier this session.

The dollar's drop has helped drive the CRB Commodity Index to a 1.1% gain and a session high. With commodities looking stronger, materials stocks and energy stocks have each made their way to gains of 1.5%.