Materials Up on Rate Hopes -- Materials Roundup

Features Dow Jones Newswires

Shares of commodities producers rose slightly amid hopes that the Federal Reserve may postpone rate hikes until 2018.

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Makers of building materials are unlikely to live up to high investor expectations during earnings season but may be given a break because of the hurricane-related distortions, said analysts at one brokerage.

Shares of building-products companies have risen 8% since the last earnings season, according to analysts at brokerage Nomura Securities.

Fertilizer company Mosaic warned it had found a tear in a waste-water line at a Florida facility.

-- By Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

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October 12, 2017 16:22 ET (20:22 GMT)