FCX Surges 1.64% on Strong Volume Amid Q4 Production Hopes Ranks 98th in $1.08 Billion Trading Activity

On October 6, 2025, Freeport-McMoRan (FCX) traded with a volume of $1.08 billion, ranking 98th among stocks by trading activity. The copper and gold producer closed up 1.64% for the session, reflecting mixed sentiment ahead of key production updates in Q4.

Recent developments indicate ongoing market focus on FCX's operational performance. Analysts noted that the stock's modest gain came despite broader sector volatility, with investors weighing upcoming quarterly output reports and potential cost adjustments at its Grasberg mine. Positioning data from institutional players showed increased long exposure, suggesting anticipation of near-term supply-side clarity.

It looks like you’d like to evaluate a daily-rebalanced, multi-stock portfolio (top 500 names by dollar trading volume each day). My current back-testing tools are designed to operate on a single ticker or on a list of discrete event dates, so they can’t directly run a multi-asset, daily-reconstituted strategy of this scale. To move forward, could you clarify one of the following? 1. Would you be comfortable approximating this idea on one specific security (e.g., an ETF such as SPY) or against a predefined index, rather than a 500-stock basket? 2. If you really need the full cross-sectional strategy, I can outline a Python workflow you could run locally (and supply the code logic), but we wouldn’t be able to execute it end-to-end within this chat.