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Commodity News Details
COMEX Copper Corrects Steeply, Falls Under $4.70 Per Pound
30-May-2024 17:28
COMEX Copper slumped today, adding to recent losses amid sustained profit selling. COMEX Copper currently trades at $4.67 per pound, down 2.40% on the day. Copper fell to two week low amid this tumble. Meanwhile, in Asia, China?s Shanghai Composite index ended down 0.62% while Japan?s Nikkei 225 index fell 1.30%. Hong Kong?s Hang Seng index tanked 1.34%, adding to latest losses. European stocks saw mixed movement with German DAX losing 0.16% and French CAC rising 0.19%. US stocks slumped after recent uptick in last session. DOW fell to near one month low, shedding 1.1% on the day.

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