Copper Miners ETF Soars While Bank ETF Struggles on Thursday
Copper Stocks Shine in Market Gains
In trading on Thursday, the Copper Miners ETF is leading the way with an impressive increase of approximately 5.5%. Notable contributors to this uplift are First Quantum Minerals, whose shares rose by 8.7%, and Hudbay Minerals, seeing a 6.1% jump.
Bank ETF Faces Challenges Amidst Market Shifts
In contrast, the Invesco KBW Bank ETF has underperformed, with a decline of roughly 2.2% during Thursday afternoon. Key stocks dragging down this ETF include JP Morgan Chase, down about 4.1%, and East West Bancorp, which fell by approximately 4%.
VIDEO: Thursday’s ETF Movers: COPX, KBWB
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