Basic materials stocks limp into February after metals crash — what to watch next week
New York, Jan 31, 2026, 13:58 EST — Market closed. U.S. basic materials stocks led the declines on Friday, with the S&P 500 materials index falling 1.9%. This slide mirrored a sharp pullback in metal prices, hitting U.S.-listed gold and silver miners particularly hard. (Reuters) That’s crucial as February approaches, since the sector directly tracks commodity prices—and those have begun…