Copper ETFs Crushed Along with Freeport
Investing News Network - May 23rd, 2011
ETF Trends that copper futures and miner stocks plunged more than 3%.
ETF Trends that copper futures and miner stocks plunged more than 3%.
The market news is quoted as saying:
The $200 million iPath Dow Jones-UBS Copper ETN (NYSEArca: JJC) was down more than 3%, as were First Trust ISE Global Copper (NasdaqGM: CU) and Global X Copper Miners ETF (NYSEArca: COPX). Sector bellwether Freeport-McMoRan (NYSE: FCX) was off 3%