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Miner Freeport-McMoRan will benefit from Trump copper tariffs, says Morgan Stanley

Miner Freeport-McMoRan will benefit from Trump copper tariffs, says Morgan Stanley

Freeport-McMoRan might be positioned for meaningful gains thanks to President Donald Trump’s copper tariffs, according to Morgan Stanley. The bank upgraded the mining stock to overweight from equal weight but cut its price target to $48 from $54. That updated target implies more than 14% upside from Friday’s close. In late July, Trump signed an…

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Trump-Putin talks are already a ‘triumph’ for Moscow, its economy and markets

Trump-Putin talks are already a ‘triumph’ for Moscow, its economy and markets

FILE PHOTO: U.S. President Donald Trump and Russia’s President Vladimir Putin talk during the family photo session at the APEC Summit in Danang, Vietnam November 11, 2017. Jorge Silva | Reuters Talks between Russian President Vladimir Putin and U.S. counterpart Donald Trump are still days away, but the two leaders’ upcoming meeting to negotiate an…

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