COMEX Copper pulled back from a one and half week high in early Asia on Thursday amid mostly lax cues from global equities. Stocks on the Wall Street saw further downside in overnight trades following a steep drop by shares of Nvidia (NVDA), with the AI stock plunging 6.9 percent on the day. The major averages climbed off their worst levels going into the end of the day but remained firmly negative. The Nasdaq plunged 516.01 points or 3.1 percent to 16,307.16, the S&P 500 tumbled 120.93 points or 2.2 percent to 5,275.70 and the Dow slumped 699.57 points or 1.7 percent to 39,669.39. The red metal currently trades at $4.66 per pound, down 0.40% on the day. MCX Copper futures are trading around Rs 840 per kg. China's gross domestic product grew 5.4 percent year on year in the first quarter, compared with an annual growth of 5% last year. The country's value-added industrial output rose 7.7 percent year on year in March. During the January-March period, the value-added industrial output increased 6.5 percent year on year, accelerating from a rise of 5.9 percent registered in the first two months of the year.

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