Materials Up On Rotation Out Of Tech Sector -- Materials Roundup

Producers of metals and other raw materials rose slightly as investors rotated into value sectors from growth areas such as technology.

Gold futures gave back some of their recent gains after the Federal Reserve's policy statement failed to produce new stimulus measures. While the central bank made long-term commitments to ultralow interest rates, "it became clear that the bazooka wasn't making an appearance," said Craig Erlam, senior market analyst at foreign-exchange brokerage OANDA Group, as reported earlier.

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