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Commodity News Details
Supportive equities keep Copper just under two-week top
16-Jun-2026 17:57
COMEX Copper futures saw subdued moves though largely supportive equities helped the metal stay in a range. In Asia, China's main CSI300 index eased 0.11%. Hong Kong's benchmark Hang Seng index fell 1.40%. Japan's Nikkei 225 Index added 0.13%. European stocks moved up further. German DAX index edged up to two-week high, adding around 0.60%. Copper is holding just under two-week high at $6.49 per pound, almost unchanged on the day. The metal had hit $6.56 per pound yesterday. The US equities stayed elevated after US-Iran signed peace deal on Monday as DOW added 0.92%. The S&P 500 rose 1.7% taking the benchmark index within touching distance of its all-time high. The tech-focused Nasdaq Composite soared 3.1%.

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