FCX Stock Leads S&P 500 As Copper Price Dips Amid Mine Restart Plan

Freeport-McMoRan (FCX) shares jumped early Tuesday as the company detailed a multiyear plan to ramp up copper and gold output following a deadly mud rush at its Grasberg mine in Indonesia. The move lifted the S&P 500 stock near a key support level. Seven Freeport-McMoRan employees died in the Sept. 8 incident, which the company said was unprecedented in the… TRENDING: 13 Fallen S&P 500 Stocks Slip Into Bear Market 11/13/2025Southern Copper shows rising price performance, earning an upgrade to its IBD Relati ...