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US stocks pulled back from day highs after a stimulus package smaller than expected, with markets pricing a possible $2 trillion plan from President-elect Joe Biden. Energy, real estate and industrials led S&P 500 gains for a third session.
Treasury yields rose, led by the long end of the curve.
Fiscal stimulus expectations lift growth and inflation bets, which can support energy and industrial demand. The effect on feed commodity prices is indirect.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.