Buoyed by positive gains for shares of Boeing and Amazon.com Inc., the Dow Jones Industrial Average is soaring Wednesday morning.

The Dow Dow Jones Industrial Average is trading 853 points, or 2.2%, higher, as shares of Boeing Boeing Co. and Amazon.com Inc. Amazon.com Inc. are contributing about one third of the blue-chip gauge's intraday rally.

Sierra Metals is bowing to a raised offer from privately held Peruvian miner Alpayana that values the copper producer at roughly 244.2 million Canadian dollars, the equivalent of $176.8 million, sending its shares soaring. The Toronto company said Wednesday it reached an agreement in principle that would see Alpayana offer C$1.15 a share in cash. The bid has the unanimous support of Sierra's board, which plans to recommend that the company's shareholders accept the offer. In morning trading, Sierra's shares rallied 19% to C$1.09. That widened the advance so far...

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Thomas Reisinger commutes almost an hour-and-a-half each way for a job in a cavernous steel processing plant here. Some of his coworkers come from much farther, including one who spends workweeks living in a camper and returns home only at weekends. This corner of eastern Arkansas is dotted with RV parks that cater to such workers. America will need many more like them to achieve President Donald Trump's vision for a hugely expanded U.S. factory sector. The steel industry — hit with 25% tariffs as one of the first salvos...

Investments in Bitcoin exchange-traded funds (ETFs) rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns about global trade tariff escalations. US spot Bitcoin ETFs had over $912 million worth of cumulative net inflows on April 22, marking their highest daily investment in more than three months since Jan. 21... This helped lift the price of bitcoin above $94,000... “Macro factors like a weakening dollar and rising gold correlation” may reinforce Bitcoin’s appeal as a hedge against economic volatility, Ryan Lee, chief analyst at Bitget...