Freeport-McMoran is trading 4.1% down at $72.66 amid broad risk-off selling on September 1, 2026, as renewed U.S.-Iran fighting lifted Brent crude to $91.54.
- Higher inflation concerns and Treasury yields pressured equities globally; the S&P 500, Nasdaq Composite, and Dow Jones were also lower.
- Bitcoin fell 2.09% and Ethereum 2.47%, but Freeport-McMoran is a copper-and-gold miner, not a crypto-related company.