| From Investmentadvisor.com: Investors are piling into commodities stocks, driving up the Standard & Poor's 500 Materials Index 10%, BusinessWeek reported Thursday, Aug. 26. The magazine cited data from Bloomberg that shows stock prices in the materials index increased an average 17.4 times annual profits.
The Thomson Reuters/Jefferies CRB Index, which tracks the global commodities markets, has gained 3.6% since the end of June, BusinessWeek reported. The increase was driven by wheat, which rose 42%. Bloomberg data show copper and cotton rose 12%..............................................Full Article: Source
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