McMoRan Exploration (MMR) has been moving in a narrow range since the open Monday, but has broken out higher in the last 10 minutes on increased volume. The stock is now up 0.58 at $14.51.
McMoRan Exploration has been gaining ground for the past 2 weeks and has set a 4 1/2 month high Monday morning.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.