|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||53.63 - 53.90|
|52 Week Range||45.56 - 55.92|
|PE Ratio (TTM)||-15.02|
|Expense Ratio (net)||0.14%|
Freeport-McMoRan (FCX) soared to the top of the S&P 500 today as access to an Indonesia copper mine was restored after it was blocked by former workers. Freeport-McMoRan gained 4.1% to $14.73, while the S&P 500 ticked up 0.1% to 2,428.37. The Materials Select Sector SPDR ETF (XLB) advanced 0.1% to $53.76.
The weakness in phosphate prices resulted from weak demand and capacity pressures.
One of the factors that has supported commodity prices from copper to aluminum this year has been better-than-expected demand in China.