Producers of metals, grains and other raw materials rose as demand concerns were alleviated by declines in oil prices and Treasury yields.
Copper futures rose 2.41% to $6.59 in New York, closing within 3.2% of record highs. Copper is viewed as a proxy for the data-center development boom because of its widespread use in wiring.
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.