COMMODITY
Copper futures end higher on after $2 trillion stimulus deal
Mar-26-2020

Copper futures ended higher on Wednesday as investors sentiment got boosted after the US senate approved historic $2 trillion stimulus deal to curb effects of corona virus, but some gains were capped by fears of long-term economic damage from prolonged shutdowns of the world’s productive capacity, with recession appearing certain.

Copper futures for May delivery gained $0.0240 to settle at $2.2040 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 1 percent at $4,859.50 a ton.

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