US stocks rose, sending benchmark indexes to a one-year high, on better-than-estimated earnings and speculation the economy is healthy enough for policymakers to unwind efforts to shore up the financial system. The dollar fell, while commodity prices and 10-year Treasuries advanced.

Banks advanced as the Federal Reserve Bank of New York said it is assessing the use of reverse repurchase agreements to drain record amounts of cash added to the financial system.

“The stock market wants to move higher,” said Michael Levine, a money manager at New York-based OppenheimerFunds Inc., which oversees about $165 billion. “Corporate earnings have been in line or better-than-expected. I see a positive tone through the end of the year.”

The Standard & Poor’s 500 Index climbed 0.9 percent to 1,097.91, adding to gains from a back-to-back weekly advance. The Dow Jones industrial average jumped 96.28 points, or 1 percent, to 10,092.19. The Nasdaq composite index gained 19.52 to 2,176.32. Four stocks rose for each that fell on the New York Stock Exchange.

Earnings at US companies probably will exceed analysts’ third-quarter estimates, extending a rally in stocks to year-end, Nomura Holdings Inc. wrote in a note dated Oct. 16.