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Stock impact report

Materials Up as Dollar Weakens -- Materials Roundup [MarketWatch]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: MarketWatch
The dollar has gained for months in tandem with inflation expectations, weighing on commodity prices and materials stocks. The ICE U.S. Dollar index fell by more than 1%, and closed below its 200-day moving average for the first time since 2021. Gold futures posted their largest one-day gain in more than two years to settle above $1,800 an ounce for the first time in nearly four months. Timberland management firm Manulife Investment Management said it's aiming to raise a $500 million fund with cash from its parent company, Toronto insurance and financial-services firm Manulife Financial, and other institutional investors. Write to Rob Curran at rob.curran@dowjones.com Show less Read more
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