Producers of metals, grains and other raw materials rose as traders rotated back into high-risk sectors.
Corning's optical equipment for data centers got upgraded by Truist as traders rotated toward high-risk assets. Upgrade signals strong capex appetite for AI/cloud infrastructure and recovery in data center demand.
Producers of metals, grains and other raw materials rose as traders rotated back into high-risk sectors.
Corning recovered some of its recent losses after analysts at brokerage Truist TFC boosted their rating on the maker of optical equipment used in the building of data centers.
Gold futures hovered around the $4,000-an-ounce level.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
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