Stocks Steady as Commodities Retreat on Taper Bets: Markets Wrap

(Bloomberg) — Stocks were steady with U.S. futures on Monday, while commodities slumped as investors weighed concerns about a pullback in stimulus and a resurgence in the fast-spreading delta virus variant.

The Stoxx 600 Index opened little changed as gains in technology firms offset declines in energy shares and miners. Crude oil extended last week’s decline — its worst since October — on concern the delta virus strain will hamper demand growth.

Precious metals sold off, with gold…


Source link

About search

Check Also

Russia arrests another senior Defense Ministry official on bribery charges amid broader shake-up – Yahoo! Voices

Russia arrests another senior Defense Ministry official on bribery charges amid broader shake-up – Yahoo! Voices

[unable to retrieve full-text content]Russia arrests another senior Defense Ministry official on bribery charges amid …

Leave a Reply

Your email address will not be published. Required fields are marked *