Summary Box: Commodities fall on European crisis

AP News
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Posted: Jan 30, 2012 3:40 PM
Summary Box: Commodities fall on European crisis

BROAD DECLINES: Most commodity prices declined as signs of slower economic growth emerged in Europe, where leaders worked to resolve the crippling debt crisis. They met to discuss ways to jump-start economic growth and create jobs.

EYES ON GREECE: Investors awaited news that a debt agreement for Greece had been finalized. Meanwhile, France lowered its 2012 economic growth forecast, and Spain said its economy shrank in the fourth quarter.

UP FOR THE MONTH: Despite the broad sell-off, most commodities are higher for the month. The main exceptions are wheat, corn, soybeans and natural gas.