Shares of commodities producers rose as traders rotated into cyclical sectors after strong earnings from industrial giants Caterpillar and 3M. An optimistic outlook on Chinese demand from Caterpillar, which makes machinery for mining and construction, gave a lift to other companies exposed to cyclical changes in China, including copper miner Freeport McMoRan.
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(END) Dow Jones Newswires
October 24, 2017 16:48 ET (20:48 GMT)