🔴 Freeport-McMoran is trading 5% down in pre-market as broad futures fall amid renewed inflation concerns

Freeport-McMoran is trading at $68.67, down 5.03%, in pre-market amid broad market pressure and renewed inflation concerns.

• On September 28, broad futures were lower; President Trump rejected Iran’s proposal to reopen the Strait of Hormuz, and oil prices rebounded more than 1% overnight.
• No clear new company-specific announcement was found; available evidence points to broader risk sentiment, not a confirmed Freeport catalyst. Supplied crypto prices are not a direct driver for the copper miner.