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NYSE:XLB News 19 January 2026 - 25 January 2026

Basic materials stocks close near a one-year high — what could move XLB in Fed week

Basic materials stocks close near a one-year high — what could move XLB in Fed week

The Materials Select Sector SPDR Fund (XLB) closed Friday up 0.9% at $49.97, near a 52-week high, as metals surged and rare earths policy drew focus. The Trump administration will acquire a 10% stake in USA Rare Earth via a $1.6 billion deal, with an announcement set for Monday. The Fed meets Jan. 27–28, and China’s PMI data is due Jan. 31.
25 January 2026
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Basic materials stocks: Gold’s record run and copper wobble put XLB in focus for Tuesday

Basic materials stocks: Gold’s record run and copper wobble put XLB in focus for Tuesday

Gold and silver hit record highs after President Trump’s new tariff threat on Greenland, with spot gold up 1.7% to $4,672.49 an ounce and silver jumping 5% to $94.41. The Materials Select Sector SPDR Fund (XLB) ended last week down 0.57% at $48.68. U.S. equity markets were closed Monday for Martin Luther King Jr. Day. China ordered brokers to remove client servers from exchange-run data centers, aiming to curb high-frequency trading.
19 January 2026
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Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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