Producers of metals and other raw materials ticked down as traders rotated out of rate-sensitive sectors in light of troubling data in a consumer-sentiment survey.

Shares of Freeport McMoRan fell, and were down by 6% for the week, after analysts at Jefferies cut their rating on the copper miner's shares, saying issues with its Indonesian mine and smelter have dragged on for longer and have been more expensive than anticipated.

European Union antitrust regulators conditionally approved International Paper's roughly $7.16 billion acquisition of London-listed peer DS Smith.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

01-24-25 1730ET