U.S. Indexes Declined Wednesday; Freeport-McMoRan Took Biggest Hit

U.S. stock indexes dropped Wednesday with the dropping 0.37%. Meanwhile, the fell 0.33%, and the dropped 0.28%

The of small-cap stocks declined 0.86%, and the Cboe Volatility Index was down 1.44%.

Among companies with at least $10 billion in market value, Freeport-McMoRan Inc. (FCX) posted the largest decline during the session, tumbling 16.95%, followed by Astera Labs Inc. (ALAB) shares, which plunged 10.79%. Shares of Bloom Energy Corp. (BE) tumbled 10.60%.

Southern Copper Corp. (SCCO), was the biggest leader, increasing 8.44%, and Marvell Technology Inc. (MRVL) added 7.33%. Summit Therapeutics Inc. (SMMT) rounded out the top three leaders on Wednesday, with shares adding 7.05%.

In commodities news, Brent crude oil futures were down 0.20%, and gold futures were down 1.39%. climbed 0.10% to $113,576.

The 10-Year Treasury yield rose to 4.149%.

Stock indexes in Asia were up, with Japan’s NIKKEI 225 Index up 0.30% and China’s Shanghai Composite Index rising 0.83%.

In Europe, indexes were mixed, with the STOXX Europe 600 Index flat and the FTSE 100 Index rising 0.29% from the previous close.

U.S. stock markets close for trading at 4 p.m. ET. For regular updates on the trading day, visit Barron’s.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.