6 May 21 - Commodities Charge in Choppy Trade  | ANZ Result Global markets were mostly higher overnight (S&P 500 index +0.07%) as most stocks rebounded from the prior days selloff which was sparked by inflation worries, as economic optimism won on the day.  The market was led by energy, materials and financials, while the more defensive utilities and real estate were the major drag on the market. The recent surge in commodity prices, including lumber and corn, is increasing inflation expectations and making cyclical stocks more attractive. The technology sector was more or less flat with gains for Apple, Nvidia and Alphabet were offset by losses for Amazon, Facebook, Netflix and Microsoft. General motors jumped +4% and Activision Blizzard rose +3.% after both their earnings blew past expectations.  European markets (Stoxx 600 index +2.7%) outperformed as data showed the European private sector is continuing to grow. B...