Producers of metals and other raw materials fell as the U.S. dollar continued its march higher.
Dollar-sensitive precious metals lost ground for the week, with gold futures falling 1.9% to $2,687.50 an ounce.
ArcelorMittal shares gave back some of their post-election gains, despite the impression that its third-quarter steel shipments were resilient in the face of a seasonal slowdown, outlined by analysts at brokerage Citi.
Food prices rose to their highest level in 18 months in October, with the prices of almost all commodity groups rising, led by vegetable oils, the Food and Agriculture Organization of the United Nations said.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
11-08-24 1747ET