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Materials on the Move?

With commodities having taken a beating over the past month, the S&P Materials Sector is leading its counterparts today, up nearly 1% and helping to dampen the downtrodden Financials which are down over 3%.

The word on the street is today's gains are to compensate for oversold conditions. With a continued global economic slowdown, can these companies continue their gains? Monsanto, the sector leader today, is also up on the positive crop report.

Leading the Sector are:

  • Monsanto
  • Louisiana Pacific
  • Freeport McMoran Copper & Gold
  • US Steel
  • International Flavors & Fragrances

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