In afternoon trading on Tuesday, Materials stocks are the worst performing sector, showing a 1.1% loss. Within the sector, Freeport-McMoran Copper & Gold (NYSE: FCX) and CF Industries Holdings Inc (NYSE: CF) are two of the day's laggards, showing a loss of 4.6% and 4.5%, respectively. Among the high volume ETFs, one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (AMEX: XLB), which is down 0.8% on the day, and up 13.04% year-to-date. Freeport-McMoran Copper & Gold, meanwhile, is up 85.23% year-to-date, and CF Industries Holdings Inc, is down 33.72% year-to-date. Combined, FCX and CF make up approximately 4.3% of the underlying holdings of XLB.
from http://ift.tt/29Mxtax
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