Producers of metals and other raw materials rose as traders bet the Federal Reserve would cut interest rates in the near future, following a dovish policy statement.
Gold futures, which are particularly sensitive to shifts in Fed policy, rose 1% to $2182.40.
Finnish paper producer Metsä Board's decision not to expand its folding boxboard capacity at a local site could be a positive for rivals Graphic Packaging and WestRock, said analysts at brokerage Truist.
Macquarie assumes South32's Australian manganese operations are offline for three months after a tropical cyclone caused significant damage to infrastructure and flooded mining pits.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
03-21-24 1744ET
