Basic materials stocks finished up 2.6% on Wall Street on Monday.
More broadly, the Dow Jones Industrial Average climbed 1.8%, the Nasdaq pushed 1.4% higher and the S&P 500 increased 1.8%.
Some of the biggest gainers among basic materials stocks include:
- National Steel Corp (SID): SID stock is up 9.2% today.
- Gerdau S.A. (GGB): GGB stock is up 7.3%, marking the third consecutive day the stock has increased.
- Mueller Water Products (MWA): MWA stock is up 6.0% today.
- Carpenter Technology Corp (CRS): CRS stock is up 5.6%, marking the fifth consecutive day the stock has increased.
- Freeport-Mcmoran Inc (FCX): FCX stock is up 5.2%, marking the fifth consecutive day the stock has increased.
- Nucor Corp (NUE): NUE stock is up 4.8% today.
- Domtar Corp (UFS): UFS stock is up 4.6% today.
- Commercial Metals Company (CMC): CMC stock is up 4.6%, marking the fifth consecutive day the stock has increased.
- Trex Company (TREX): TREX stock is up 4.5% today.
- Neenah Paper (NP): NP stock is up 4.6% today.
Only one stock in the basic materials sectors showed losses:
- Novagold Resources Inc (NG): NG stock is down 0.3% today.
For more information on the best stocks to buy right now, check out the latest commentary on InvestorPlace.com.
And for more on the hot stocks moving most on Wall Street right now, check out our archive of daily market movers by sector here.
Editor’s Note: Returns for the fastest-moving stocks listed here are based on share prices 20 minutes prior to publication of this story.
