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Shares of Freeport-McMoRan Inc. (FCX) advanced 2.97% to $38.10 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.98% to 4,596.42 and the Dow Jones Industrial Average rising 0.68% to 35,730.48. The stock's rise snapped a two-day losing streak. Freeport-McMoRan Inc. closed $8.00 below its 52-week high ($46.10), which the company reached on May 10th.
The stock outperformed some of its competitors Thursday, as BHP Group PLC ADR (BHP.LN) rose 0.78% to $54.20, BHP Group Ltd. ADR (BHP.AU) rose 0.61% to $56.11, and Rio Tinto PLC ADR (RIO.LN) rose 0.09% to $64.50. Trading volume (13.9 M) remained 6.3 million below its 50-day average volume of 20.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2021.
(END) Dow Jones Newswires
October 28, 2021 16:54 ET (20:54 GMT)
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