Materials Up as Deal Activity Offsets Fed Fears -- Materials Roundup

marketscreener
2025.11.18 22:20

Materials producers rose slightly as Federal Reserve concerns offset deal activity. AkzoNobel and Axalta Coating Systems agreed on a $17 billion merger, reviving talks from 2017. Canadian Industry Minister Melanie Joly will decide on Anglo American's takeover of Teck Resources next month. The SPDR Select Sector Materials ETF rose slightly but is down over 3.5% this month.