Global Materials Stocks Near Low: Chart

Share your love

(Bloomberg) – Investors in global materials stocks aren’t waiting to see if the cooling in metals prices can be revived. A global industry gauge has fallen near its lowest level this year against the broader market and has underperformed by nearly 7 percentage points over the past month. The Bloomberg Industrial Metals subindex has fallen 3% over the same period, bringing year-to-date gains to 16% as investors weigh concerns about demand in China and the outlook for the world economy.

Nota Original:Global Material Stocks Close to Year-to-Date Relative Low: Chart

More stories like this are available on bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

©2021 Bloomberg L.P.

Article Source

Read Also   Intel negotiates purchase of GlobalFoundries for about $ 30 billion: WSJ
Share your love