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Commodity News Details
Copper Pulls Back, Hovers Around $4.60 Per Pound
09-Jul-2024 17:57
COMEX Copper futures pulled back a bit this week after hitting nearly five week low. Some corrective action was seen amid mixed equities and the metal currently trades at $4.61 per pound, down marginally on the day. Equities gained today in Asia. China?s Shanghai Composite index jumped 1.26% while Japan?s Nikkei 225 index spiked 1.96% to hit record high. European stocks eased today amid a twisted French election outcome. German DAX index fell 0.52% while French CAC lost 0.82%. US equities ended mixed on Monday. The Dow Jones rose 0.08%. The S&P 500 added 0.1% while Nasdaq edged 0.28%.

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