AOL.com Video - U.S. Stocks Flat After Freeport-McMoRan Drops 15 Percent Following Acquisition Announcement

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U.S. Stocks Flat After Freeport-McMoRan Drops 15 Percent Following Acquisition Announcement

Description:Stocks opened little changed on Wednesday as a 15-percent drop in shares of Freeport-McMoRan (FCX.N) following acquisition announcements offset optimism about a global economic recovery spurred by comments from China's new leader. The ADP National Employment Report showed that private sector hiring took a hit in November because the impact of Hurricane Sandy hurt business activity in the north east. A separate report on the U.S. services sector showed a similar dip in hiring during the month of (1:18)

Source: IBTimesTV

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