Producers of metals, grains and other raw materials rose as traders rotated into high-risk sectors of the stock market.
Commodity producers surged as traders rotated to high-risk assets; gold and silver futures rose amid dollar weakness. Oil price decline would reduce inflation and weaken the dollar further, affecting tech capex spending and venture funding availability.
Producers of metals, grains and other raw materials rose as traders rotated into high-risk sectors of the stock market.
Gold and silver futures rose as the U.S. dollar weakened.
A lasting retreat in oil prices would alleviate inflationary pressures and likely cause the dollar to weaken further against rival currencies.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
Producers of metals, grains and other raw materials rose as traders rotated back into high-risk sectors.
Producers of metals, grains and other raw materials rose, but not by as much as the broad market, as the U.S. dollar hovered…
Producers of metals, grains and other raw materials rose as crude-oil futures levelled off.
Producers of metals, grains and other raw materials rose as inflation fears percolated.
Producers of metals, grains and other raw materials fell alongside precious metals futures as the U.S. dollar hit a 13-month high…
Producers of metals, grains and other raw materials ticked up as traders weighed the outlook for inflation.
