Producers of metals, grains and other raw materials were more or less flat, shedding earlier gains as the U.S. dollar strengthened.
The dollar gained amid fears that the oil spike associated with the closure of the Strait of Hormuz was not over, heightening the risk of inflation and elevated U.S. interest rates.
BHP Group rose, testing all-time highs after the Anglo-Australian mining giant upgraded guidance to investors for the copper business at the heart of its growth plans, while confirming a long-awaited supply deal with China for its lucrative iron-ore division.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
04-22-26 1757ET
