Materials Down as Traders Rotate Out of Sector - Materials Roundup
Producers of metals, grains and other raw materials fell as traders rotated out of the sector due to inflation concerns.
Rising bond yields are set to increase interest expenses for miners.
BHP Group shares rose after the Anglo-Australian mining giant reported a 9% increase in annual net profit as it benefited from record-high copper prices.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
August 18, 2026 17:25 ET (21:25 GMT)
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