Tesla Turmoil, WK Kellogg Gains, MP Materials Soars

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  Hey listeners, your money briefing is on a break,

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  but we'll be back with more personal finance information for you in the future.

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  Until then, here's the news moving markets this week.

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  Hey listeners, it's Saturday, July 12th.

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  I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets,

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  our look at the biggest stock moves of the week and the news that drove them.

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  Let's get to it.

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  Maybe one day I won't sound like such a broken record, but once again,

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  the big story of the stock market this week was trade, trade, trade.

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  I'm gonna stick to a couple of the highlights.

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  So first off,

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  President Trump's announcement of tariffs on global copper imports sent the metals' futures rising,

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  and with them, shares of mining companies like Freeport McMorrin, which gained 2.5% on Tuesday.

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  And the stock rose roughly 3.5% on Thursday,

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  the day after Trump reiterated his plans for the U.S. to start collecting the tax on August 1st.

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  There's also the Brazilian tariff news, 50%, also starting next month.

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  And this sent a BlackRock ETF that tracks an index of Brazilian stocks falling,

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  U.S. traded shares of JetMaker and Breyer dropped more than 4% on Thursday,

• 01:14

  and most relevant to my caffeine-fueled lifestyle, Arapaka Coffee Futures rose 1.3%.

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  All in all, the three major indexes each fell on the week.

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