Relief rally moves into second day
Gross domestic product numbers were much better than expected giving a lift to a market already buoyed by Shanghai's strength overnight.
Company
Freeport-McMoRan Inc
NYSE:FCX
Freeport-McMoRan Inc is a leading international mining company with headquarters in Phoenix, Arizona. The company operates large, long-lived geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. Freeport-McMoRan Inc's portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s largest copper and gold deposits; and significant mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.
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Investments and investor services
US stocks further lifted by strong GDP data
“A healthy upwards revision to US GDP should act as a much needed soothing balm for investors after the turbulence of this week," said Nancy Curtin, chief investment officer, Close Brothers Asset Management
Tech stocks hit hard as rout continues
Equities fall pretty much across the board after a nightmare showing by Asian markets, with some of the more highly valued glamour stocks in the tech stocks falling hardest.
FTSE 100 has £80bn wiped off on Black Monday
On what some are calling ‘Black Monday’ the FTSE 100 was hit to the tune of £80bn, suffering its worst day since 2009.
Wall Street tumbles as China equities plunge stokes global growth worries
Wall Street lost more than 1 percent before the close today as market turmoil in China overshadowed Greece's debt crisis, while trading on the New York Stock Exchange resumed after a three-hour halt. The S&P 500 (INDEXSP:.INX) sank 1.5
U.S. stock-index futures retreat on China concerns
U.S. stock index futures fell today as the continuing slide in Chinese stocks raised concerns about the pace of global economic growth, and as investors continue to keep a wary eye on developments in the Greek debt crisis, and the coming Fe
Freeport-McMoRan confirms oil and gas IPO
Freeport-McMoRan is expected to retain control of oil business because of a two-tier share structure