Freeport-McMoran is trading 4.28% down at $66.50 on October 15, 2026. Hotter-than-expected September CPI revived expectations of possible Federal Reserve rate hikes and weighed on risk sentiment. - Copper’s pullback is reported to pressure copper producers; Freeport-McMoran is ex-dividend today. - No clear company-specific catalyst explains the decline. The S&P 500 is down 0.50% and Nasdaq 1.16%; Bitcoin and Ethereum are lower but are not relevant drivers for this copper miner.