May 20, 2024 11:55 PM

Global Markets Gain with U.S. Stocks; Commodities Surge to Record Levels

U.S. stocks followed the example of their European counterparts, gaining ground on Monday while gold and copper touched all-time highs powered by investor optimism over cooling inflation and easing central bank policy. All three major U.S. stock indexes were green, led by the tech-heavy Nasdaq. Copper, a barometer of economic sentiment, surged to a record high after China announced steps to shore up its crisis-hit property sector. "Historically, when you've seen these single commodity run-ups...