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Everyone Is Watching $100 Oil While Copper Miners Are Getting Crushed

Source: 247wallst.com

Commodities & Raw MaterialsCompany FundamentalsMarket Technicals & Flows
Everyone Is Watching $100 Oil While Copper Miners Are Getting Crushed

Freeport-McMoRan shares fell more than 6% in Thursday trading to just above $71, extending their decline to roughly 4% over the past week. The selloff indicates notable weakness in copper-miner equities while market attention remains concentrated on oil-related trading.

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moderately negative

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