Alcoa shares surged Monday, approaching their best day in months after two large Middle East aluminum facilities were struck by Iranian missiles over the weekend. The attacks pushed aluminum into a rally as the next commodity to benefit, likely tightening supply and lifting prices, boosting aluminum producers but adding geopolitical-driven market volatility.
Alcoa shares surged Monday, approaching their best day in months after two large Middle East aluminum facilities were struck by Iranian missiles over the weekend. The attacks pushed aluminum into a rally as the next commodity to benefit, likely tightening supply and lifting prices, boosting aluminum producers but adding geopolitical-driven market volatility.
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moderately positive
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