Freeport-McMoRan stock jumps near 52-week high as copper hits record — what to watch next
Freeport-McMoRan shares jumped 4.8% to $54.41 Monday after U.S. copper futures hit a record above $13,000 a ton. The rally followed renewed focus on supply risks and tariffs. Investors are watching U.S. labor data due later this week and Freeport’s expected earnings window around Jan. 22 for further direction.