Why Martin Marietta stock just hit a record — and what basic materials traders watch next
Martin Marietta shares surged 4.6% to a record $666.67 Friday after President Trump ordered Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds. Vulcan Materials rose 4.2%. The moves followed a softer U.S. jobs report and bets on steady Fed rates. Investors now await Tuesday’s CPI data for clues on interest rate direction.