Economics
Commodities Drop Signals Global Growth Concern: Chart of the Day
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The slump in commodity prices to a five-year low signals investors are cautious about the strength of the global economy even as U.S. equities rise to a record.
The CHART OF THE DAY shows the Bloomberg Commodity Index of 22 raw materials slipped 5.6 percent this year. Brent crude is down 12 percent and touched a two-year low last week, while iron ore at the Qingdao port in China plunged 41 percent to the lowest since 2009.