Materials Flat on Rate Outlook Doubts -- Materials Roundup

Dow Jones
Sep 19

Producers of metals and other raw materials were more or less flat as surprisingly strong economic data cast doubt on the Federal Reserve's rate-cut plans.

The Fed Bank of Philadelphia said its business-activity index rose sharply in August, while new weekly jobless claims fell 33,000 to 231,000.

Chemicals processor DuPont cut its full-year sales projection, recasting discontinued operations from its previously announced divestiture of its Aramids business as beginning in the third quarter.

Gold futures fell 1% to $3,643.70 a troy ounce.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

September 18, 2025 17:44 ET (21:44 GMT)

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