Materials Down on Inflation, Fed Fears

Producers of metals and other raw materials fell sharply, giving back some recent gains, as investors hedged their bets on the outlook for global demand.

An up-tick in U.S. economic data has spurred optimism that the U.S. can avert a recession. That has buoyed the price of metals such as copper and steel.

Write to Rob Curran at [email protected]

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