🔴 Global X Copper Miners ETF is trading 3.1% down today on falling copper prices and Fed rate concerns

Global X Copper Miners ETF is trading 3.1% down today as the recent pullback in copper prices and miners extends and broader risk assets sell off on higher-for-longer Fed concerns.

• Falling copper futures and tighter interest rate expectations following strong U.S. jobs data are pressuring global mining stocks.
• The fund continues to face significant selling pressure after a double-digit drop last week, driven by a broader risk-off shift across equity markets.