Freeport and Materials ETFs Hit by China, Growth Concerns
March 06, 2012 at 08:15 AM EST
Recent weakness in Freeport-McMoRan (NYSE: FCX) and China lowering its economic growth forecast have weighed on exchange traded funds that invest in the materials sector and copper miners. Freeport shares are down 13% over the past month. Analysts keep an eye on the materials-sector bellwether and...