XLB State Street Materials Select Sector SPDR ETF
Company Analysis
Latest News
Vale, BHP Win More Support for $32.7B Dam Deal, Clearing Uncertainty
Nineteen additional Brazilian municipalities joined a compensation agreement with Vale, BHP, and their joint venture Samarco. This group includes Mariana, the...
Materials Sector Surges on Precious Metals Rally and Weaker Dollar
The Materials Select Sector SPDR ETF (XLB) is trading significantly higher, driven by a strong rally in precious metals and a weaker U.S. dollar. Gold prices...
Lundin Mining Slashes 2026 Copper Outlook, Citing Second Chilean Storm
Lundin Mining Corp. lowered its full-year production guidance for the Caserones copper mine in Chile on August 19, 2026. A second severe winter storm in the...
Gov. Walz blocks Boundary Waters mining, stalling Twin Metals project
Minnesota Governor Tim Walz issued an executive order today to block copper-nickel mining in the Boundary Waters Canoe Area Wilderness watershed. This...
BHP Group reports H2 earnings, testing rally after year of gains
BHP Group (NYSE:BHP) releases its second-half 2026 financial results today, August 17, 2026. Analysts forecast earnings of $2.67 per share. Projected revenue...
ArcelorMittal Halts Ukraine Production, Hit by Deadly Russian Missile Strike
Russian missiles struck ArcelorMittal’s steel plant in Kryvyi Rih, Ukraine, overnight. The attack killed two people. Damage to power generation and blast...
CMRG secures Anglo American iron ore deal, seeking global pricing power
China Mineral Resources Group (CMRG) secured a multi-year iron ore supply contract with mining giant Anglo American. First reported on August 14, 2026, the...
Linde loses $1.15B in Russian assets, following sanctions-driven contract dispute
A Russian court ordered the transfer of $1.15 billion in Linde assets to local chemical giant Kuibyshevazot. The ruling settles a debt collection claim...
BASF hikes European chemical prices, signaling industrial margin pressure
BASF announced price increases for two key intermediate chemicals in the European market on August 12, 2026. The price for Neopentylglycol (NPG) will rise by...
Barrick settles Nevada dispute with Newmont for $1.95B, clearing IPO path
Barrick Gold and Newmont Corporation reached an agreement on August 11, 2026, to resolve all disputes regarding the Nevada Gold Mines (NGM) joint...
Sunrise Energy Metals secures $400M US loan, plans US listing
Sunrise Energy Metals received a conditional US$400 million loan commitment from the U.S. Office of Strategic Capital. The funding supports the development of...
Sherwin-Williams Raises 2026 Outlook, Defying Global Demand Slump
The Sherwin-Williams Company reported strong second-quarter results for the period ending June 30, 2026. Net sales climbed 7.5% year-over-year to $6.79...
Materials Sector Rises Amid Broad Market Optimism
The Materials Select Sector SPDR ETF (XLB) is up 1.68% in the current session, largely driven by a broader market rally. Investor sentiment has been boosted by...
Materials Sector Declines on Mixed Earnings and Outlook Concerns
The materials sector, as represented by the XLB ETF, experienced a significant downturn, falling 2.00% in the after-hours session on top of a 2.3% decline...
3 Proton Lithium finds largest US tungsten deposit, NASA blocks development
3 Proton Lithium discovered the largest claimed tungsten deposit in the United States on August 1, 2026. The Financial Times reported the find at the Railroad...
Materials Sector Declines as Oil Plunge Sparks Global Demand Fears
The materials sector fell over 1.5% in pre-market trading, largely driven by a sharp drop in crude oil prices. Oil prices plunged more than 5% after the U.S....
Linde Profit Jumps 10%, Signaling Growth for the Materials Sector
Linde plc (Nasdaq: LIN) reported second-quarter 2026 results. Adjusted diluted earnings per share reached $4.50. This figure represents a 10% increase from the...
Materials Sector Declines Sharply Despite Broader Market Gains
The Materials Select Sector SPDR ETF (XLB) experienced a significant downturn of -2.52% during the regular market session on July 31, 2026, a move that went...
Sherwin-Williams Lifts Forecast, Shares Jump 5.6% on Earnings Beat
Sherwin-Williams (SHW) exceeded second-quarter analyst expectations for both revenue and profit. The company reported Q2 revenue of $6.79 billion. This...
Materials Sector Declines on Mixed Earnings Reports
The materials sector, as measured by the XLB ETF, is down over 1.5% in the current session following a series of earnings releases from key component...