NYSE:XLB

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

U.S. basic materials stocks ended last week on a strong note. The sector reopens Monday with renewed focus on critical minerals, following news of a U.S. government-backed rare earths agreement that emerged over the weekend.

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Stock Market

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

Basic materials stocks reopen Tuesday in the U.S. with a mixed picture, after gold and silver hit record highs on safe-haven buying sparked by President Donald Trump’s newest tariff threat related to Greenland. The Materials Select Sector SPDR Fund ended last week down 0.57% at $48.68. U.S. cash equity markets were closed Monday for Martin Luther King Jr. Day.

19 January 2026

Commodities·Gold·NYSE:XLB·Stock Market