Advertisement
Canada markets open in 8 hours 14 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7305
    +0.0007 (+0.10%)
     
  • CRUDE OIL

    82.95
    +0.14 (+0.17%)
     
  • Bitcoin CAD

    87,863.63
    -3,793.83 (-4.14%)
     
  • CMC Crypto 200

    1,390.48
    -33.62 (-2.36%)
     
  • GOLD FUTURES

    2,328.30
    -10.10 (-0.43%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,447.00
    -217.50 (-1.23%)
     
  • VOLATILITY

    15.97
    +0.28 (+1.78%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • NIKKEI 225

    37,679.41
    -780.67 (-2.03%)
     
  • CAD/EUR

    0.6818
    -0.0001 (-0.01%)
     

Why Commodity Stocks Surged on April 18—All You Need to Know

Why Commodity Stocks Surged on April 18—All You Need to Know

April 18, 2018, belonged to commodity stocks (COMT), some of which saw their highest one-day gains in months. Among the iron ore and diversified companies, Glencore (GLNCY) surged 7.7%, and Anglo American (AAUKY) saw price gains of 6.2%. BHP Billiton (BHP), Rio Tinto (RIO), Vale SA (VALE), and Cleveland-Cliffs (CLF) rose 3.3%, 4.0%, 4.2%, and 4.4%, respectively.