US stocks dip and gold swings as markets react to Trump's choice to lead the Federal Reserve [Globe and Mail, The (Toronto, Canada)]
Freeport-McMoRan, Inc. (FCX)
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am
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Source: Globe and Mail, The
The early reactions have been uneasy and sometimes quick to change because of the uncertainty. U.S. stocks fell modestly, with the S&P 500 down 0.5%. The Dow Jones Industrial Average was down 440 points, or 0.9%, as of 11:30 a.m. Eastern time, and the Nasdaq composite was 0.6% lower. The value of the U.S. dollar, meanwhile, climbed but only after swiveling a couple times following Trump's announcement. And some of the wildest action was again in precious metals markets , where the price of gold went through more cycles of tumbling sharply and retracing some of its losses. Whoever leads the Fed has a big influence on the economy and markets worldwide by helping to dictate where the U.S. central bank moves interest rates. Such decisions lift or weigh on prices for all kinds of investments, as the Fed tries to keep the U.S. job market humming without letting inflation get out of control. Trump has been pushing for lower interest rates, which usually help goose the economy but can al
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News
- Freeport-McMoRan Cuts Output At Grasberg As Valuation Signals Opportunity [Yahoo! Finance]Yahoo! Finance
- Stocks fall while a break in gold fever sends metals prices plunging [Los Angeles Times (CA)]Los Angeles Times
- US stocks fall while a break in gold fever sends metals prices plunging [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- US futures, precious metals fall after Trump says he is nominating Kevin Warsh to be next Fed Chair [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Power Check: Apple, Amazon and Freeport-McMoran [CNBC]CNBC
FCX
Earnings
- 1/23/26 - Beat
FCX
Sec Filings
- 1/22/26 - Form 8-K
- 1/16/26 - Form 8-K
- 1/2/26 - Form 4
- FCX's page on the SEC website