Shares of metals and materials stocks are trading lower. Weakness may be due to demand uncertainty amid the macro environment.
Portfolio Pulse from Benzinga Newsdesk
Shares of metals and materials stocks are trading lower due to demand uncertainty amid the macro environment.
November 07, 2023 | 8:46 pm
News sentiment analysis
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NEGATIVE IMPACT
Freeport-McMoRan Inc. (FCX) shares are trading lower due to demand uncertainty.
The news directly mentions a decrease in demand which is causing a decrease in the stock price of FCX.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Rio Tinto Group (RIO) shares are trading lower due to demand uncertainty.
The news directly mentions a decrease in demand which is causing a decrease in the stock price of RIO.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Southern Copper Corporation (SCCO) shares are trading lower due to demand uncertainty.
The news directly mentions a decrease in demand which is causing a decrease in the stock price of SCCO.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Teck Resources Limited (TECK) shares are trading lower due to demand uncertainty.
The news directly mentions a decrease in demand which is causing a decrease in the stock price of TECK.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100