🔴 Copper Miners ETF (COPX) is trading 5.06% down as AI-stock selloff weighs on copper

COPX is trading at $74.07, down 5.06%, as copper fell alongside an AI-related stock selloff that weakened global risk appetite.

• LME copper dropped as much as 0.7% to $14,260 a ton.
• LME inventories increased by more than 11,000 tonnes and were up about 8% over the week, easing supply concerns.
• Broader market weakness, including retreating technology shares, likely amplified pressure on copper miners.