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Tickers in this Article: WDFC, CLF, WLK, LYB, MLI, RS, UFS
The market is currently up, with the Nasdaq rising 1.1%, the S&P 500 increasing 1% and the Dow moving up 1%. The basic materials sector is the category of stocks that accounts for companies involved with the discovery, development and processing of raw materials. This sector includes the mining and refining of metals, chemical producers and forestry products. The basic materials sector is sensitive to changes in the business cycle. Because the sector supplies materials for construction, it depends on a strong economy. This sector is also sensitive to supply and demand fluctuations because the price of raw materials, such as gold or other metals, is largely demand driven.

The Basic Materials sector (XLB) is up 1.7%, outperforming the market overall. The biggest movers in the sector so far are:
CompanyMarket CapPercentage Change
WD-40 (Nasdaq:WDFC)$810.5 million-7.3%
Cliffs Natural Resources (NYSE:CLF)$5.86 billion+6.6%
Westlake (NYSE:WLK)$4.81 billion+6.3%
LyondellBasell (NYSE:LYB)$29.56 billion+3.6%
Mueller Industries (NYSE:MLI)$1.84 billion+3.6%
Reliance Steel (NYSE:RS)$3.87 billion+3.4%
Domtar Corp (NYSE:UFS)$3.35 billion+2.5%
Forex Broker Summary: UFXMarkets

WD-40 (Nasdaq:WDFC) has decreased to $47.58 per share, a 7.3% fall. At 105,106 shares, the company's volume so far today is 3.4 times its current three-month average.

Cliffs Natural Resources (NYSE:CLF) has moved up 6.6% and is currently trading at $43.87 per share. This morning, the company is trading a volume of 5.7 million shares.

After rising 6.3%, Westlake (NYSE:WLK) is currently trading at a share price of $76.76. The company's volume is currently 241,663 shares for the day, 0.8 times the average daily volume.

LyondellBasell (NYSE:LYB) has risen 3.6% and is currently trading at $53.28 per share. So far today, the company's volume is 1.5 million shares. This is on pace to reach yesterday's trading volume of 2.8 million shares.

Mueller Industries (NYSE:MLI) is currently trading at $49.71 per share, a 3.6% increase. The company's volume for the day so far is 89,871 shares, in keeping with the average volume over the past three months.

Rising 3.4%, Reliance Steel (NYSE:RS) is currently trading at $53.09 per share. So far today, the company's volume is 210,199 shares.

Domtar Corp (NYSE:UFS) is up 2.5% to reach a current price of $80.86 per share. The company's volume is currently 113,968 shares for the day, 0.3 times its current daily average.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

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