Geopolitics Alpha

Copper Holds Losses Below $14,000 on US Midterm Risks to Stocks

Published . Updated .

Key takeaways

  • Exposed: COPX, FCX, SCCO, ERO
  • Market reaction: price tracking starts with the next trading session.

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GEOPOLITICS ALPHACopper Holds Losses Below $14,000on US Midterm Risks to StocksGEOPOLITICS ALPHA

This report is about copper.

Directly affected

  • No company is named in this report.

Indirectly affected

  • COPX Global X Copper Miners ETF-13.1% 30d

    Global X Copper Miners ETF: it holds copper miners. Linked by “copper” (copper) in this story.

  • FCX Freeport-McMoRan-15.3% 30d

    Freeport-McMoRan (metal mining): copper miners' profits move with the copper price. Linked by “copper” (copper) in this story.

  • SCCO Southern Copper-13.0% 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

TickerT-5T-3T-1T0T+1T+2T+3
COPX+7.14%+0.25%baseafter closeafter closeafter closeafter close
FCX+7.87%+1.12%baseafter closeafter closeafter closeafter close
SCCO+11.77%+2.25%baseafter closeafter closeafter closeafter close
ERO+5.68%-4.57%baseafter closeafter closeafter closeafter 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.

Copper Holds Losses Below $14,000 on US Midterm Risks to Stocks Bloomberg.com

Source: Bloomberg

Global X Fds (COPX) since this story, compared with the market

CompanyWhenMoveStatus
Global X Fds (COPX)three days earlier+0.25%final price
Global X Fds (COPX)five days earlier+7.14%final price
Ero Copper (ERO)three days earlier-4.57%final price
Ero Copper (ERO)five days earlier+5.68%final price
Freeport-Mcmoran (FCX)three days earlier+1.12%final price
Freeport-Mcmoran (FCX)five days earlier+7.87%final price
Southern Copper Corp/ (SCCO)three days earlier+2.25%final price
Southern Copper Corp/ (SCCO)five days earlier+11.77%final price

Who gains and who loses around Global X Fds (COPX)

Companies mentioned with this story

  • COPX Global X Fds

    For “Copper Holds Losses Below $14,000 on US Midterm Risks to Stocks,” 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

    In “Copper Holds Losses Below $14,000 on US Midterm Risks to Stocks,” Freeport-Mcmoran (FCX) is linked, with no stored direction, medium confidence. 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 4 Nov 2026 story “Copper Holds Losses Below $14,000 on US Midterm Risks to Stocks.” Reason on file: Southern Copper (metal mining): copper miners' profits move with the copper price. Linked by “copper” (copper) in this story

  • ERO Ero Copper

    For “Copper Holds Losses Below $14,000 on US Midterm Risks to Stocks,” 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)

Global X Fds (COPX) is the company in “Copper Holds Losses Below $14,000 on US Midterm Risks to Stocks,” the 4 Nov 2026 this story story.

The link for Global X Fds (COPX) is this: Global X Copper Miners ETF: it holds copper miners. Linked by “copper” (copper) in this story

Freeport-Mcmoran (FCX) is here too. Its reason reads: Freeport-McMoRan (metal mining): copper miners' profits move with the copper price. Linked by “copper” (copper) in this story

Price levels for Global X Fds (COPX)

COPX traded between 72.29 and 87.15 across 20 sessions. The latest close on file is 73.20. FCX traded between 61.42 and 74.00 across 20 sessions. The latest close on file is 62.95. SCCO traded between 175.22 and 210.34 across 20 sessions. The latest close on file is 179.29.

A simple score for Global X Fds (COPX)

33 out of 100

“Copper Holds Losses Below $14,000 on US Midterm Risks to Stocks” scores 33 out of 100. The score uses 1 sources, and 4 linked companies.