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Freeport McMoRan is getting slammed after China's disappointing data

Metal and mining stocks are getting hammered Thursday after after China reported disappointing trade data.Among the worst performers, copper-producer Freeport McMoRan is off more than 7% while US Steel is down 5.6%. Earlier Thursday, China’s Customs Bureau said September exports tumbled by 10% in US dollar terms compared to a year ago. Economists had expected a much smaller 3% drop.
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