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Materials Stocks Fall as Dollar Extends Gains

Raw-material producers fell as the U.S. dollar continued to strengthen after October wholesale inflation data, even as the reported increase in producer prices came in slightly below economists’ expectations.

By Money Talk·November 14, 2026·2 min read·472 reads

Materials Stocks Fall as Dollar Extends Gains

Producer prices rose 6.5% in October, the sharpest rate in roughly four years. Gold futures edged higher after the report but closed near their lowest levels of the year amid expectations of a December interest-rate increase.

Cleveland-Cliffs said it was restarting finishing operations at its Hamilton plant in Canada and recalling 175 workers who had been laid off, citing higher demand.

Materials Stocks Fall as Dollar Extends Gains

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