Bulletin
Investor Alert

New York Markets After Hours

Market Pulse Archives

Jan. 14, 2021, 12:05 p.m. EST

Commodities ETFs outperform as demand grows

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    First Trust Global Tactical Commodity Strategy Fund (FTGC)
  • X
    United States Commodity Index Fund (USCI)
  • X
    United States Copper Index Fund (CPER)

or Cancel Already have a watchlist? Log In

By Andrea Riquier

Exchange-traded funds linked to commodities rallied on Thursday as investors bet stronger economic growth would continue to drive prices for raw goods and materials higher. The First Trust Tactical Commodity Strategy Fund /zigman2/quotes/207775995/composite FTGC -1.05% was 0.6% higher midday, as was the United States Commodity Index Fund /zigman2/quotes/208934437/composite USCI -1.28% . The United States Copper Index Fund /zigman2/quotes/209911430/composite CPER -2.39% , a pure-play approach to a metal many see as a barometer of economic growth because of its widespread usage, gained more than 1.3%. While higher prices for commodities signal stronger economic growth, its flip side is higher prices for finished goods - inflation.

/zigman2/quotes/207775995/composite
US : U.S.: Nasdaq
$ 21.70
-0.23 -1.05%
Volume: 1.10M
Feb. 25, 2021 4:00p
loading...
/zigman2/quotes/208934437/composite
US : U.S.: NYSE Arca
$ 37.08
-0.48 -1.28%
Volume: 144,197
Feb. 25, 2021 4:10p
loading...
/zigman2/quotes/209911430/composite
US : U.S.: NYSE Arca
$ 26.12
-0.64 -2.39%
Volume: 474,799
Feb. 25, 2021 4:00p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.