Materials Down As Stimulus Doubts Offset Gold, Copper Strength -- Materials Roundup

Producers of metals and other raw materials ticked down as traders awaited developments in stimulus negotiations.

Copper futures topped $7,000-a-metric-ton in London trading for the first time in more than two years, as signs of a runaway economic rebound in China, the world's largest consumer of the industrial metal, lured traders to bullish bets.

Gold futures closed at a one-month high as the dollar continued to weaken against other major currencies.

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(END) Dow Jones Newswires

10-21-20 1631ET