Raw material producers rise as dollar slips and inflation fears ease
Updated
Updated · MarketWatch · Apr 30
Raw material producers rise as dollar slips and inflation fears ease
8 articles · Updated · MarketWatch · Apr 30
Metals, grains and other materials stocks gained on Thursday as the US dollar retreated against rivals and oil futures fell, tempering inflation concerns.
International Paper shares dropped after forecasting second-quarter EBITDA below Wall Street expectations, despite revenue growth in its Europe, Middle East and Africa unit offsetting weaker North America sales.
Gold futures rose, but ended April with their biggest two-month percentage decline since 2013 after volatile trading driven by shifting inflation expectations.
Is International Paper's radical split a brilliant strategy or a desperate gamble as its stock tumbles?
Why do experts predict record gold prices amid its worst slump in over a decade?
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