Producers of metals and other raw materials fell amid signs that a spike in U.S. coronavirus cases would hamper reopening efforts and the economic recovery.
Economically sensitive industrial metals and agricultural futures tumbled. Gold futures, which investors have used as a hedge against further economic shocks from the coronavirus, rose on the session and the week.
Hog futures tumbled by 6%, their biggest loss since April, as the pandemic fears combined with worries about the viability of the trade deal between the U.S. and China.
Beijing is indicating that U.S. pressure over Hong Kong security and other issues could jeopardize Chinese purchases of farm goods and other U.S. exports under the "Phase One" trade deal, The Wall Street Journal reported.
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