Economics

Commodities Post Longest Rally in 10 Months on U.S. Economy

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Commodities rose, capping the longest rally in 10 months, on signs of gains in the U.S. economy. Industrial metals and crude oil led the rally.

The Standard & Poor’s GSCI Spot Index of 24 raw materials rose 1.1 percent to settle at 715.52 at 3:45 p.m. New York time. The gauge climbed for the seventh straight session, the longest rally since April. Earlier, the measure reached 715.77, the highest since May 5.