Century Aluminum (CENX) Surges As China Manufacturing Expanded
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Shares of Century Aluminum Co. (Nasdaq: CENX) are surging higher today on investors' hopes after China's manufacturing expanded for the first time in nine months. Shares of Century Aluminum are up 32% to $7 per share.
Other commodity-related stocks are also higher today. Freeport-McMoRan (NYSE: FCX) is up 7%, United States Steel Corp. (NYSE: X) is up 9%, and Alcoa, Inc. (NYSE: AA) is up 6%.
ETF Ultra Basic Materials ProShares (NYSE: UYM) is up 11% today. UltraShort Basic Materials ProShares (NYSE: SMN) is down 11%.
Other commodity-related stocks are also higher today. Freeport-McMoRan (NYSE: FCX) is up 7%, United States Steel Corp. (NYSE: X) is up 9%, and Alcoa, Inc. (NYSE: AA) is up 6%.
ETF Ultra Basic Materials ProShares (NYSE: UYM) is up 11% today. UltraShort Basic Materials ProShares (NYSE: SMN) is down 11%.
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