Materials Down Ahead of Jobs Data; Vale Slips -- Materials Roundup

(marketscreener.com) Producers of metals and other raw materials slipped ahead of jobs data Friday. Investors have shrank from cyclical sectors this week, amid growing concerns about a descending recession. Higher costs and lower sales volumes of iron ore likely put a dent in Brazilian mining giant Vale's first-quarter earnings, said analysts at brokerage...https://www.marketscreener.com/news/latest/Materials-Down-Ahead-of-Jobs-Data-Vale-Slips-Materials-Roundup--43448398/?utm_medium=RSS&utm_content=20230406