Producers of metals, grains and other raw materials fell as commodities gave back some of their recent gains.
Gold futures fell by 1% but remain more than 9% higher than their 52-week lows in midJuly. Gold was hard hit by fears of a second wave of inflation spurring rate hikes and is rebounding as those fears subside.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.