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Base Metals Preview: COMEX copper lingering under $6 per pound
11-Feb-2026 08:58

COMEX copper is seen consolidating under $6 per pound mark, despite weakness in dollar overseas. US equities also turned choppy overnight after rallying sharply earlier in the week. The Dow inched up 52.27 points or 0.1 percent to 50,188.13, but the S&P 500 fell 23.01 points or 0.3 percent to 6,941.81 and the Nasdaq slid 136.20 points or 0.6 percent to 23,102.47. Copper had gained more than 4% in Jan-26. The red metal is currently quoting at $5.92 per pound, almost flat on the day.

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