Falling copper prices may be a negative harbinger for the stock market in June, history shows. But there are some stocks that investors can hide out in.
Many investors believe copper prices are a leading indicator of future economic trends with its use in a wide variety of sectors including home construction, manufacturing and consumer products. The metal fell more than 1 percent Tuesday bringing its total loss for May to more than 8 percent.
Using Kensho, a quantitative tool used by hedge funds, CNBC Pro screened for how the market and S&P 500 members performed when copper prices fell by at least 10 percent over a 30-day period.