Producers of metals, grains and other raw materials rose slightly.
Newmont shares fell after the gold-mining giant said it was remaining conservative with development plans, rather than allowing a spike in gold prices to make it "starry-eyed."
Gold futures rose 1.7% to close above $5059 a troy ounce, as uncertainty about potential war in the Middle East and the fate of the Trump administration's efforts to remake the global trade system drove safe-haven demand.
Perseus Mining's chief executive said the gold producer is focused on developing its own growth options after a failed bid for Predictive Discovery and has no current plans to sell its stake in the Africa-focused explorer.
Miner Anglo American wrote down the value of its De Beers diamond unit by $2.3 billion, the third cut in three years, as its struggles to offload the unit due to competition from synthetic diamonds and other adverse factors.
Shares of chemicals processor LyondellBasell fell after the company's board roughly halved its rich dividend amid a prolonged industry downturn.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
02-20-26 1741ET
