The US stock market closed mixed on Thursday, October 17, with the Dow Jones hitting a new record while the S&P 500 slightly declined. At the close of the session, the S&P 500 dropped slightly by 0.02% to 5,841.47 points.

Awaiting the export sales report, the agricultural commodities group has rebounded.

Deere & Co. is laying off an additional nearly 300 people in Iowa and Illinois as demand for farm equipment slows from the peak production of recent years.

Industrial Materials Lead Market Downtrend as Commodity Prices Decline; Raw Sugar Hits One-Month Low

Coffee Prices Surge Amid Supply Shortage Concerns

USD Hits 11-Week High, Weighing on Commodity Prices

Key Agricultural Commodity Prices Under Pressure

U.S. stocks declined on Tuesday (October 15), slipping from the record highs set in the previous session, as investors took a more cautious approach following a streak of peak sessions and reflected on the latest financial reports

The U.S. stock market continues to set new records, while the USD Index reaches its highest level in 10 weeks.

Agricultural prices have recorded a sharp decline.

In addition, in the agricultural market, corn and wheat prices extended their downward trend due to improved crop prospects in major producing countries

Coffee prices reversed and dropped at the end of the week.