BofA upgrades Anglo American as Teck merger boosts copper growth
Published . Updated .
This report is about copper.
Directly affected
- No company is named in this report.
Indirectly affected
- COPX Global X Copper Miners ETF-14.5% 30d
Global X Copper Miners ETF: it holds copper miners. Linked by “copper” (copper) in this story.
- FCX Freeport-McMoRan-6.0% 30d
Freeport-McMoRan (metal mining): copper miners' profits move with the copper price. Linked by “copper” (copper) in this story.
- SCCO Southern Copper-1.9% 30d
Southern Copper (metal mining): copper miners' profits move with the copper price. Linked by “copper” (copper) in this story.
- ERO Ero Copper
Ero Copper (metal mining): copper miners' profits move with the copper price. Linked by “copper” (copper) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| COPX | +9.02% | +6.70% | base | +1.18% | after close | after close | after close |
| FCX | +6.89% | +5.63% | base | -0.17% | after close | after close | after close |
| SCCO | +9.04% | +6.92% | base | +1.15% | after close | after close | after close |
| ERO | +15.03% | +6.88% | base | +3.66% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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BofA upgrades Anglo American as Teck merger boosts copper growth Yahoo Finance
Source: Yahoo Finance
Global X Fds (COPX)
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Freeport-Mcmoran (FCX) | the next day | -1.33% | -0.90% | -1.76% | 2 |
| Freeport-Mcmoran (FCX) | three days later | -6.03% | -4.94% | -7.11% | 2 |
| Southern Copper Corp/ (SCCO) | the next day | -1.42% | -0.89% | -9.29% | 16 |
| Southern Copper Corp/ (SCCO) | three days later | -3.91% | -3.64% | -7.94% | 16 |
| Newmont (NEM) | the next day | -3.73% | -1.95% | -5.50% | 2 |
| Newmont (NEM) | three days later | -1.86% | -1.86% | -1.86% | 1 |
- United States and Mexico Announce Course of Remediation at Minera Peñasquito
- 8-K - SOUTHERN COPPER CORP/ (0001001838) (Filer)
- 29,163 Freeport-McMoRan Inc. $FCX Shares Purchased by Banque Pictet & Cie SA
- Mining Stocks: Raising Fair Values as Copper Hits Historic Highs
- EBIT of Southern Cross Acquisition II Corp. – NASDAQ:SCATW
- Taxes of Southern Cross Acquisition II Corp. – NASDAQ:SCATW
The price since 26 Oct 2026: Global X Fds (COPX) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Global X Fds (COPX) | that day | +1.18% | still updating |
| Global X Fds (COPX) | three days earlier | +6.70% | final price |
| Global X Fds (COPX) | five days earlier | +9.02% | final price |
| Ero Copper (ERO) | that day | +3.66% | still updating |
| Ero Copper (ERO) | three days earlier | +6.88% | final price |
| Ero Copper (ERO) | five days earlier | +15.03% | final price |
| Freeport-Mcmoran (FCX) | that day | -0.17% | still updating |
| Freeport-Mcmoran (FCX) | three days earlier | +5.63% | final price |
| Freeport-Mcmoran (FCX) | five days earlier | +6.89% | final price |
| Southern Copper Corp/ (SCCO) | that day | +1.15% | still updating |
| Southern Copper Corp/ (SCCO) | three days earlier | +6.92% | final price |
| Southern Copper Corp/ (SCCO) | five days earlier | +9.04% | final price |
Trades by members of Congress and officials in the stocks in this story
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Global X Fds (COPX)
Companies mentioned with this story
- COPX Global X Fds
For “BofA upgrades Anglo American as Teck merger boosts copper growth,” Global X Fds (COPX) is linked, with no stored direction, medium confidence. Reason on file: Global X Copper Miners ETF: it holds copper miners. Linked by “copper” (copper) in this story
- FCX Freeport-Mcmoran
Freeport-Mcmoran (FCX) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “BofA upgrades Anglo American as Teck merger boosts copper growth.” Reason on file: Freeport-McMoRan (metal mining): copper miners' profits move with the copper price. Linked by “copper” (copper) in this story
- SCCO Southern Copper Corp/
Southern Copper Corp/ (SCCO) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “BofA upgrades Anglo American as Teck merger boosts copper growth.” Reason on file: Southern Copper (metal mining): copper miners' profits move with the copper price. Linked by “copper” (copper) in this story
- NEM Newmont
In “BofA upgrades Anglo American as Teck merger boosts copper growth,” Newmont (NEM) is linked, with no stored direction, medium confidence. Reason on file: A large gold miner. Linked by “copper” in this story
- ERO Ero Copper
In “BofA upgrades Anglo American as Teck merger boosts copper growth,” Ero Copper (ERO) is linked, with no stored direction, medium confidence. Reason on file: Ero Copper (metal mining): copper miners' profits move with the copper price. Linked by “copper” (copper) in this story
Global X Fds (COPX)
The 26 Oct 2026 story “BofA upgrades Anglo American as Teck merger boosts copper growth” names Global X Fds (COPX) because of this story.
For Global X Fds (COPX), the reason on file says Global X Copper Miners ETF: it holds copper miners. Linked by “copper” (copper) in this story
A second company, Freeport-Mcmoran (FCX), is listed for a different reason: Freeport-McMoRan (metal mining): copper miners' profits move with the copper price. Linked by “copper” (copper) in this story
Dates in the story, and the Global X Fds (COPX) price range
COPX traded between 72.29 and 87.15 across 20 sessions. The latest close on file is 73.20. FCX traded between 64.00 and 74.22 across 20 sessions. The latest close on file is 65.21. SCCO traded between 180.85 and 210.99 across 20 sessions. The latest close on file is 184.91.
A simple score for Global X Fds (COPX)
40 out of 100Price not final
“BofA upgrades Anglo American as Teck merger boosts copper growth” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.