Materials Up on Hopes for Less Aggressive Fed Policy -- Materials Roundup

Producers of metals and other raw materials rose as traders digested the prospects of a potentially less aggressive Federal Reserve.

The dollar continued its recent slide against other currencies amid speculation on the Fed's next move, buoying copper and other metals futures.

Chilean copper mining giant Antofagasta reiterated copper production targets for the year of 640,000-to-660,000 metric tons at a cost of $1.65 a pound.

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(END) Dow Jones Newswires

08-11-22 1627ET