Materials Down as Dollar Remains Strong -- Materials Roundup

FeaturesDow Jones Newswires

Shares of miners and other commodities producers ticked down as the dollar held recent gains in light of strong jobs data. The U.S. economy added 228,000 jobs in November, exceeding economists' targets, and the unemployment rate remained at its lowest level in 17 years, according to the Labor Department. Gold futures, which are particularly sensitive to moves in the dollar, ticked down and suffered their biggest weekly losses since May. Gold is now down about 7.5% from its 2017 highs recorded in September.

-Rob Curran, rob.curran@dowjones.com

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(END) Dow Jones Newswires

December 08, 2017 16:12 ET (21:12 GMT)