Vale (NYSE: VALE), a global iron ore, copper, and nickel mining producer, closed at $12. 00, down 3. 23%. The stock fell from weakness tied to Brazil's election outcome and a recent price target cut, while investors are watching Oct. 29 earnings. Trading volume reached 92. 9 million shares, coming in about 207% above its three-month average of 30. 3 million shares.
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