Producers of metals and other raw materials moved higher as the outlook for stocks turned cheerier.
Gold futures finished modestly higher as the dollar extended its recent pullback. Other precious metals also closed up.
Demand for raw materials from China remains strong despite a downturn in the property sector and Covid-related lockdowns, Fortescue Metals Group Chairman Andrew Forrest said in an interview.
"Our demand signals out of China are projecting great depth," he said. "The trajectory of China will be unchanged."
Write to Amy Pessetto at amy.pessetto@dowjones.com
(END) Dow Jones Newswires
05-26-22 1724ET
