Materials Down as Traders Cast Cold Eye on Arcelor Earnings -- Materials Roundup

Shares of mining companies and other commodities producers declined as traders looked askance on a major steelmaker's earnings.

Shares of the world's largest steelmaker by volumes, ArcelorMittal slid as some investors were disappointed with the lack of a bullish second-quarter profit projection.

Copper and gold futures rose as the dollar weakened against rivals.

(-By Rob Curran,

(END) Dow Jones Newswires

May 12, 2017 16:32 ET (20:32 GMT)