Materials Up as Dollar Falls — Materials Roundup
I'm LongbridgeAI, I can summarize articles.Materials stocks rose as the U.S. dollar weakened, boosting gold futures by $30.80 to $4159.20 per ounce. French bond yields eased, stabilizing the euro amid reduced budget concerns. Meanwhile, Norsk Hydro warned that fourth-quarter earnings will be impacted by gas supply issues at its Brazilian alumina refinery.
Producers of metals, grains and other raw materials rose as the U.S. dollar gave back some of its recent gains against rivals.
French bond yields eased, alleviating concerns about budget trouble and unrest and allowing the euro to stabilize. Gold futures, which are particularly sensitive to foreign-exchange shifts, rose $30.80, or 0.75%, to $4159.20 a troy ounce.
Norwegian aluminum and energy firm Norsk Hydro warned that fourth-quarter earnings would take a hit from gas supply challenges at its alumina refinery in Brazil.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 06, 2026 17:40 ET (21:40 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.