Producers of metals and other raw materials ticked up as commodity prices recouped some of their recent losses.
U.S. employers added a lower-than-anticipated 559,000 workers in May, the Labor Department reported. "The jobs report today ... was still solid but certainly not stellar," said Quincy Krosby, chief market strategist at Prudential Financial. "The question is whether it's enough to have the Fed begin the conversation" about tapering bond purchases.
The diminished expectations that the Federal Reserve would feel pressure to shift its bond-buying policy weighed on the dollar, which in turn supported the price of copper and other commodities.
JBS meat plants ramped up production after a cyberattack this week, while some farm-state lawmakers called for an overhaul of practices that they said had left meat production vulnerable.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
06-04-21 1647ET
