Shares of metals and mining stocks are trading lower. Weakness may be due to overall macroeconomic concerns and recent stimulus measures in China.
Portfolio Pulse from Benzinga Newsdesk
Metals and mining stocks are trading lower, possibly due to macroeconomic concerns and recent stimulus measures in China.
June 23, 2023 | 4:18 pm
News sentiment analysis
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NEGATIVE IMPACT
BHP's stock is trading lower due to macroeconomic concerns and recent stimulus measures in China.
BHP is a metals and mining company, and the overall sector is trading lower due to macroeconomic concerns and recent stimulus measures in China. This directly impacts BHP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
FCX's stock is trading lower due to macroeconomic concerns and recent stimulus measures in China.
FCX is a metals and mining company, and the overall sector is trading lower due to macroeconomic concerns and recent stimulus measures in China. This directly impacts FCX's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
RIO's stock is trading lower due to macroeconomic concerns and recent stimulus measures in China.
RIO is a metals and mining company, and the overall sector is trading lower due to macroeconomic concerns and recent stimulus measures in China. This directly impacts RIO's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
SCCO's stock is trading lower due to macroeconomic concerns and recent stimulus measures in China.
SCCO is a metals and mining company, and the overall sector is trading lower due to macroeconomic concerns and recent stimulus measures in China. This directly impacts SCCO's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
TECK's stock is trading lower due to macroeconomic concerns and recent stimulus measures in China.
TECK is a metals and mining company, and the overall sector is trading lower due to macroeconomic concerns and recent stimulus measures in China. This directly impacts TECK's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100