Producers of metals and other raw materials ticked down ahead of the Federal Reserve's policy statement and amid deal activity.
BHP Group and Lundin Mining agreed to jointly acquire Canadian exploration company Filo for roughly $2.96 billion, reflecting a scramble for copper resources to feed the global energy transition.
Gold futures rose Archer Daniels Midland shares fell after the food-production and ethanol giant reported a lower second-quarter profit and missed analyst estimates for adjusted net income and revenue.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
07-30-24 1717ET
