Producers of metals and other raw materials rose amid increased confidence in the outlook for global economic growth.
Gold and copper futures slipped, amid trepidation about a foreshadowing of bond-purchase tapering from Federal Reserve Chairman Jerome Powell in a speech later this week.
Shares of German specialty chemicals concern Lanxess rose after it agreed to buy is International Flavors & Fragrances's microbial-control business for about $1.3 billion, a move that brokerage Stifel would set Lanxess up to be a global leader in the biocides business.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
08-25-21 1632ET
