Materials and Energy Stocks FallStock Market News From July 30, 2025: Dow Slips After Powell Doesn't Tease September CutLast Updated:Updated 2 hours agoMaterials stocks turned lower following the Federal Reserve's decision to keep interest rates steady.The S&P 500's materials sector was down 0.9% shortly after the decision that sent bond yields higher.Among the laggards were Freeport-McMoRan, PPG Industries, LyondellBassell Industrials, and Dow, and CF Industries. The VanEck Gold Miners ETF was also down 1.6%.