Copper Market Commentary - Thursday, May 30
The correction in copper prices continues as we head towards the weekend. Copper futures are now down more than 11% from the record highs seen just a week ago.
Traders Further Lowered Their Expectations For A Fed Interest Rate Cut This Year
At Tuesday's close, the Dow Jones Index (US30) decreased by 1.06% and fell to a 3-week low. The S&P 500 index (US500) was down 1.06%. The NASDAQ Technology Index (US100) closed negative 0.58%.