Rio Tinto (NYSE:RIO) is a global mining company. It produces gold primarily as a byproduct of its large-scale copper mining operations, most notably at the Kennecott mine in the US. The company ...

The basic materials sector encompasses companies that manufacture chemicals, building materials, and paper products. This sector is also engaged in commodities exploration and processing. According to ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Andy Smith is ...

The basic materials sector on Wall Street includes companies engaged in discovering, developing and processing raw materials that serve as essential inputs for other industries, making it closely tied ...

Though SPDR material-focused ETF (NYSEARCA:XLB) managed to gain just 4.79% through 2024 against the broad-based index ETF (SPY) of 15.08%, almost 80% of the tickers in the sector ETF managed to peak ...

As part of my due diligence for securities that I am interested in, I follow the macro events that dictate which investments may perform better at various times throughout the economic cycle. While I ...

The Morningstar US Basic Materials Index underperformed the broader market during the fourth quarter of 2023. The index was up 10.4% during the quarter, but that rally was 110 basis points below the ...