“Commodities tumbled for a fifth day, led by oil and silver, on concern economic growth is faltering. U.S. stock index futures rose, indicating the Standard & Poor’s 500 Index may gain for the first time in five days.
The S&P GSCI index of 24 commodities fell 1.7 percent at 7:50 a.m. in New York, bringing this week’s decline to 11 percent, as oil lost 2.3 percent in New York and silver sank 7 percent. S&P 500 index futures gained 0.1 percent, and the Stoxx Europe 600 Index advanced 0.1 percent. The five-year Treasury note yield rose one basis point, while the yen weakened against all but three of its 16 most-traded counterparts.”
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