Commodities gain on Greek debt deal
Commodities markets jumped higher as euro-zone finance ministers approved a second bailout for Greece. Copper, gold and other metals posted gains, while crude oil surged to a nine-month high after European leaders approved a €130 billion ($172 billion) bailout that would allow Greece to avoid defaulting on debt payments due next month. The deal, which … Read More
Commodities poised for a new rally
The market has had an impressive run since the start of the year, but one sector that has lagged is the commodities sector. Unlike general stocks, commodities are still quite a ways away from their 2011 highs. Recession fears and a surging dollar contributed to the weakness in commodities last year. But a number of … Read More
