Producers of metals and other raw materials were little changed after U.S. inflation data.

Prices as measured by the personal-consumption expenditures price index rose 0.2% in October; most worryingly for the central bank, prices rose 2.8% on a core basis, excluding the volatile food and energy categories, an acceleration from previous levels.

Arabica coffee futures hit their highest level since 1977 due to a drought in Brazil, the world's largest coffee producer.

The U.S. dollar gave back some of its recent gains against rivals as traders bet the Federal Reserve would proceed with a December rate cut.

New U.S. jobless claims slid by 2,000 to 213,000 in the seven days ended Nov. 23 from a revised was 215,000 in the prior week.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

11-27-24 1732ET