Producers of metals and other raw materials fell on trepidation ahead of the Federal Reserve's policy statement.
"I think the market's longing for a little bit of visibility into whether inflation is under control, and maybe that the interest-rate increases are going to subside at some point," said Eric Marshall, president of Dallas mutual-fund firm Hodges Capital.
BHP Group is set to strengthen its position as a leader in copper mining after the close of its Oz Minerals acquisition, scheduled for Tuesday, said analysts at brokerage UBS.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-02-23 1741ET
