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Commodity News Details
Copper consolidates around two month low
13-Nov-2024 18:16
COMEX Copper futures consolidated around two month low amid mixed equities as markets waited for the US inflation data. The red metal currently quotes at $4.12 per pound, down 0.24% on the day. Meanwhile, in Asia, China's Shanghai Composite index rose 0.51%. Hong Kong's Hang Seng index eased 0.12%. Japanese Nikkei index lost 1.66%. European markets are trying to stabilize after hefty losses in last session. US stocks fluctuated over the course of the trading session before eventually closing in negative territory. The Dow underperformed its counterparts, slumping 0.9%.The S&P 500 dipped 0.3% and the tech-heavy Nasdaq edged down 0.1%.

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