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Commodity News Details
Copper Gains Impressively To Hit Two Week High
04-Jul-2024 17:37
Copper held up near a two week high today after an impressive 2.70% jump in the last session as supportive risk appetite kept the metal buttressed. COMEX Copper futures currently trade up half a percent at $4.55 per pound. Meanwhile, in Asia, China?s Shanghai Composite index stayed weak, falling down 0.83% while Japan?s Nikkei 225 index jumped 0.82%. Hong Kong?s Hang Seng index also added 0.28%. European stocks stayed supportive. German DAX index rose 0.32% while French CAC jumped 0.74% on the day. UK?s FTSE 100 spiked 0.78%. The US stocks mostly edged up in last session, adding to latest gains on Wednesday. The Nasdaq and S&P 500 hit fresh record highs.

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