The Basic Materials sector (XLB) showed little movement on a trading day that saw S&P 500 fall 0.6%.

Although it went in the opposite direction of the market today, the ETF tracked farther from the overall market today than over the past week. Entering today's trading, XLB was down 0.7% over the last seven trading days while the S&P 500 was up 0.1%.

Deltic Timber (DEL) declined 3.2% to close at $56.59, moving below its 50-day moving average of $57.87 and 200-day moving average of $62.42. USEC (USU) rose 25.1% to close at 95 cents, crossing its 50-day moving average of 78 cents.

Braskem (BAK) rose 4.5% to close at $11.59, approaching its 50-day moving average of $12.29. It has also moved closer to its 200-day moving average of $15.23. RBC Bearings Incorporated (MON) fell 3% to close at $46.05, moving closer to its 50-day moving average of $45.47. Also, the stock moved closer to its 200-day moving average of $76.01.

The Eastern Company (EML) was a significant gainer in the sector, rising 9%. The stock closed at $18.90 with 18,913 shares moving. The stock traded in a range of $17 to $18.90.

Sun Hydraulics Corporation (SNHY) was a major loser in the sector, falling 6.8% (-$1.53) to close at $21.07 with 140,802 shares moving. The stock traded in a range of $20.87 to $22.48. The stock has lost momentum over the last three months, losing $7.75 (-26.9%) from $28.82 on March 16, 2012.

Scotts Miracle-Gro (SMG) hit a new 52-week low today, hitting $35.49 to fall below the previous low of $39.99.