Freeport-McMoRan stock climbs on record copper prices — what FCX investors watch next
Freeport-McMoRan shares climbed 2.9% to $55.97 Tuesday as copper hit a new record above $13,000 a metric ton. The stock set a 52-week high Monday, with trading volume surging. Peers Southern Copper and Teck Resources also advanced. Traders are focused on copper inventories, tariffs, and Freeport’s earnings due Jan. 22.