Freeport-McMoRan stock (FCX) pulls back after 52-week high as copper turns choppy again
Freeport-McMoRan shares fell 1.16% to $55.50, retreating from a 52-week high as copper prices slipped from records and U.S.-London price gaps persisted. Three-month copper on the LME dropped as much as 3% after hitting an all-time high. Investors await the Jan. 9 U.S. jobs report and Freeport’s Jan. 15 dividend record date.