Skip to Content
Global News Select

Materials Down on Tariff Fears — Materials Roundup

Producers of metals and other raw materials fell amid concerns about the terms of a trade deal.

Sectors that are the most responsive to changes in U.S.-China relations were under pressure after Bloomberg News reported that U.S. tariffs are likely to remain in place until after the presidential election.

Gold futures, which had risen because of fears of a Middle East conflict, fell to a roughly two-week low. Agricultural commodities, among the most sensitive to U.S.-Chinese relations, recouped some of their recent losses, with gains for hog futures and other livestock prices.

A shortfall of sugar supply in Asia has lifted the global price of the sweetener, with New York-traded futures adding to recent gains Tuesday.

Write to Rob Curran at rob.curran@dowjones.com

 

(END) Dow Jones Newswires

January 14, 2020 16:34 ET (21:34 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.