Producers of metals and other raw materials fell sharply as investors braced for a sharp increase in interest rates, even as global economic growth was set to slow.

Lumber futures rose by the exchange limit after Canadian forestry giant Canfor said it would further curtail output at its mills due to declining wood demand. Lumber futures had slipped to their lowest level since the onset of the pandemic in recent sessions.


 Write to Rob Curran at rob.curran@dowjones.com 

(END) Dow Jones Newswires

12-06-22 1646ET