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Commodity News Details
Copper slips half a percent
25-Sep-2024 17:33
COMEX Copper futures eased after hitting two and half month highs but stayed broadly supported following latest spike. The metal currently quotes at $4.47 per pound, down 0.46% on the day. Copper has rallied this week as China's stimulus measures boosted the sentiments. Meanwhile, equities were largely supported today. China's Shanghai Composite index continued to gain, adding 1.16%. Hong Kong's Hang Seng index moved up 0.68%.Japan's Nikkei 225 eased 0.19% though. European market eased a bit with German DAX giving up around half a percent. US equities stayed supported on Tuesday and the S&P 500 hit a fresh record high. However investors made largely cautious moves ahead of month and quarter end.

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