Stocks opened modestly higher Wednesday, though the enthusiasm quickly faded. A continued sell-off in artificial intelligence (AI) heavyweights and worries over a potential government shutdown weighed on sentiment, while some end-of-quarter profit taking likely created pressure on the three main indexes.At the close, the blue chip Dow Jones Industrial Average was down 0.4% at 46,121, the broader S&P 500 was off 0.3% at 6,637, and the tech-heavy Nasdaq Composite was 0.3% lower at 22,497. Still, the three ind ...

U.S. equity markets concluded Wednesday, September 24, 2025, with a subdued performance, extending the pullback observed on Tuesday. This followed a remarkable three-day streak of record highs for major indexes, as investors digested cautionary remarks from Federal Reserve Chair Jerome Powell and a mixed bag of corporate news. The overarching sentiment was one of profit-taking and a re-evaluation of market valuations, particularly in the technology sector, amidst ongoing concerns about inflation and the fut ...

U.S. stocks were lower, with the Dow Jones index falling more than 150 points on Wednesday.Shares of Freeport-McMoRan Inc. FCX shares declined 16.4% to $37.94 after the company issued third-quarter sales guidance.Also, the company reported that two PT Freeport Indonesia team members were fatally injured from the Grasberg Block Cave mine mud rush incident and that five team members remain missing.Freeport-McMoRan shares dipped 16.4% to $37.94 on Wednesday.Here are some other big stocks recording losses in to ...

U.S. stocks were lower, with the Dow Jones index falling more than 150 points on Wednesday.Shares of Freeport-McMoRan Inc. FCX shares declined 16.4% to $37.94 after the company issued third-quarter sales guidance.Also, the company reported that two PT Freeport Indonesia team members were fatally injured from the Grasberg Block Cave mine mud rush incident and that five team members remain missing.Freeport-McMoRan shares dipped 16.4% to $37.94 on Wednesday.Here are some other big stocks recording losses in to ...

Key TakeawaysFreeport-McMoRan (FCX) declared force majeure at its Grasberg mine in Indonesia following a fatal accident on September 8, leading to a significant cut in Q3 copper and gold sales guidance.The disruption at Grasberg, which accounts for approximately 3.2% of global mined copper, caused copper prices to surge by over 3% on the London Metal Exchange, reaching a 15-month high.The incident involved a mud flow that resulted in two confirmed fatalities and five workers still missing, prompting a halt ...

VANCOUVER, BC , Sept. 24, 2025 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) reports that all 23 workers who were underground at the time of the La Reliquia Mine shaft collapse have been safely brought to surface. ...

Wall Street traded lower on Wednesday, extending the previous day's risk-off mood sparked by Federal Reserve Chair Jerome Powell's remarks.At midday in New York, all major indexes were in the red: the S&P 500 slipped 0.3%, the Nasdaq 100 lost 0.5%, and the Russell 2000 fell 0.6%.FCX is taking a hit from negative sentiment. Get the inside scoop here.Investors bristled at Powell's comments that further rate cuts are not a given, underscoring a data-dependent stance, while also calling equity markets "fairly h ...

Welcome back once again. The Trump administration looking to directly intervene in private markets. This time with a potential stake in a Canadian lithium miner. Our Aean Javis in DC with more on that. Morning Aan. >> Yeah, good morning. Carl Reuters is reporting that the Trump administration is seeking an equity stake of as much as 10% of the Canadian company Lithium Americas, joining a slate of companies the government has taken ownership or revenue stakes in so far this year. Now, the leverage point here ...

Key Points The U.S. government may take a 10% stake in lithium miner Lithium Americas. Is Energy Fuels stock next? Both companies mine metals deemed "strategic" by the Trump administration. 10 stocks we like better than Energy Fuels › Lithium Americas (NYSE: LAC) stock doubled Wednesday after Reuters reported the U.S. government may take a 10% stake in the start-up miner of lithium for electric car batteries. Soon after, investors saw a 10.8% spike (through 11:25 a.m. ET) in a completely differen ...

Key Points Reuters reports that the U.S. government may take a 10% stake in Lithium Americas stock. Shares of the Canadian lithium miner nearly doubled on the news. Lithium Americas is a start-up that won't begin producing lithium for years. 10 stocks we like better than Lithium Americas › Lithium Americas (NYSE: LAC) stock soared 90.9% through 10 a.m. ET this morning after Reuters reported the start-up miner of lithium for electric car batteries may be in line for a big investment from the U.S. g ...