Freeport-McMoRan Leads Materials ETFs Lower
May 04, 2011 at 15:54 PM EDT
Exchange traded funds tracking basics materials stocks were among Wednesday’s worst-performing sector ETFs as Freeport-McMoRan Copper & Gold (NYSE: FCX) lead the way lower. Shares of the miner were down 4% late Wednesday. Freeport rallied last month on solid quarterly earnings and a special...