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via finance.yahoo.comMarkets

UBS view on Southern Copper (SCCO) amid hotter inflation and Fed hike bets

FROM THE WIRE · FINANCE.YAHOO.COM

We just published a list of the 10 Stocks Analysts Are Upgrading Right Now and Southern Copper (NYSE:SCCO) ranked 10th on this list. Wall Street spent the week swinging between relief and worry. A sharp rally on Monday gave way to a pullback on Tuesday, when a…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHotter-than-expected inflation revives rate-hike bets, weighing on equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Consumer Price Index rose 0.4% in October, above the 0.3% expected.
  2. 02Core prices rose 0.3%, against a forecast of 0.2%.
  3. 03Traders see an 84% chance the Fed raises rates by a quarter point in December.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Southern Copper CorporationSCCOStock172.61 USDMarket closedtoday +1.32%Neutral S&P 500INDEX:SP500Index7,617.84Market closedtoday +1.29%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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