🟢 Copper Miners ETF (COPX) is trading 3% up in pre-market as copper futures rebound

COPX is trading at $84.69 (+3.00%) as copper’s rebound and supply concerns support the ETF. - Overnight LME copper futures rebounded 1.1% to $14,461.50 per ton, supporting copper miners. - A strike involving 709 workers at Chile’s Centinela mine raised potential supply-disruption concerns, although the company maintained its 2026 production outlook. - Broader materials weakness and elevated yields remain headwinds; the copper-specific rebound and supply concerns appear to be the stronger explanations for COPX’s rise.