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Stocks gain, commodities rise on inflation worries


Middle EastStocks gain, commodities rise on inflation worries
Herbert Lash
7 minute read
The dollar fell and a gauge of global equity markets rose on Thursday as surging commodity prices spurred the prospect of rising inflation and led investors into economically-sensitive stocks on the reflation trade.
Aluminum prices approached levels last seen in 2018 and copper prices flirted with 10-year peaks. Gold jumped more than 1% as the weaker dollar and easing Treasury yields propelled the precious metal, an inflation hedge, above the key $1,800 an ounce psychological level.
Treasury yields moved in a narrow range as bond traders largely shrugged off better-than-expected initial U.S. jobless claims data and waited for Friday s April non-farm payrolls report for market direction. ....

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Stocks gain, commodities rise on inflation worries


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NEW YORK The dollar fell and a gauge of global equity markets edged higher on Thursday as surging commodity prices spurred the prospect of rising inflation and led investors into economically sensitive stocks on the reflation trade.
Aluminum prices approached levels last seen in 2018 and copper prices flirted with 10-year peaks. Gold jumped more than 1% as the weaker dollar and easing Treasury yields propelled the precious metal, an inflation hedge, above the key $1,800 an ounce psychological level.
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GLOBAL MARKETS-Stocks gain, commodities rise on inflation worries


GLOBAL MARKETS-Stocks gain, commodities rise on inflation worries
Reuters
5/6/2021
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By Herbert Lash
NEW YORK, May 6 (Reuters) - The dollar fell and a gauge of global equity markets edged higher on Thursday as surging commodity prices spurred the prospect of rising inflation and led investors into economically-sensitive stocks on the reflation trade.
Aluminum prices approached levels last seen in 2018 and copper prices flirted with 10-year peaks. Gold jumped more than 1% as the weaker dollar and easing Treasury yields propelled the precious metal, an inflation hedge, above the key $1,800 an ounce psychological level. ....

New York , United States , United Kingdom , Tim Ghriskey , Raymond James , Dan Grebler , Ellis Phifer , Joe Biden , Nick Zieminski , Federal Reserve , Pfizer Inc , Moderna Inc , Novavax Inc , Inverness Counsel , Wall Street , Dow Jones Industrial Average , Nasdaq Composite , President Joe Biden , Herbert Lash , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , ரேமஂட் ஜேம்ஸ் , நீள்வட்டம் பைபர் , ஓஹோ பிடென் , கூட்டாட்சியின் இருப்பு ,