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Copper trying to stabilize around three week low
20-Dec-2024 17:51
COMEX Copper futures are trying to stabilize around three week low but frail equities are capping gains. The red metal currently trades at $4.08 per pound, up 0.23% on the day as it remains in a tight range following recent run of losses. Meanwhile, Asian stocks ended in red with Japan's Nikkei index ending around two and half week low. European markets stayed weak with indices in Germany and France falling more than 1% each. US stocks tried to stabilize after recent weakness. Dow managed to snap its ten-day losing streak.

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