S&P 500 Gains & Losses Today: Intel Stock Extends Rally, Freeport-McMoRan Drops
1. FCX shares fell 17% due to lowered copper and gold sales forecasts. 2. Force majeure declared at Grasberg mine after infrastructure issues. 3. Fatalities occurred at Grasberg site, impacting company outlook. 4. Major decline makes FCX the worst performer in S&P 500. 5. Overall market pressure reflected in tech sector declines.