Producers of metals and other raw materials rallied amid ongoing deal activity.

International Paper shares rallied after Reuters reported Brazilian rival Suzano offered to buy the maker of boxes and paper for about $15 billion.

A booming solar-power industry is driving a surge in the demand for silver, which is needed in large quantities to make photovoltaic panels, The Wall Street Journal reported.

Write to Rob Curran at

(END) Dow Jones Newswires

05-07-24 1747ET