Freeport-McMoRan (FCX) stock drops 4% after a sharp rally as copper swings stay in focus
Freeport-McMoRan shares fell 4.35% on Wednesday to close at $61.86, snapping a two-day winning streak as trading volume ran above its recent average. The copper producer lagged the broader market and peers such as Newmont, with the Dow up 0.53% and the S&P 500 down 0.51%.