J.P. Morgan Sees Alumina Rally Running Out of Steam -- Market Talk
Australia stocks slink lower, with financials soft
Australia stocks fall, with banks down, miners mixed
Australia stocks follow U.S. peers to losses
The faltering Chinese real estate market is weighing on globally fungible commodities like iron ore, while improving developed-country construction markets aid regionally priced commodities like cement.
We don't see the recent share price declines for metals and mining producers as a buying opportunity on average.
A lot of companies are very well positioned regardless of how the fiscal cliff gets resolved, as long as it gets resolved, says Morningstar's Heather Brilliant.
The information and opinions presented herein are not meant to be taken as investment advice. We do our best to make sure the information presented in this article is factual and correct, but Zacks cannot be held responsible for any losses incurred from investment transactions made based on ...