COMMODITY
Copper futures settle down on Friday
Feb-15-2025
Copper futures settled down on Friday after data showed US retail sales dropped by the most in nearly two years in January, suggesting a sharp slowdown in US economic growth early in the first quarter. However, a weaker American currency and stimulus hopes from the world’s top metals consumer China have limited further falls in copper prices. 

Copper futures for March delivery lost $0.1135 to settle at $4.6645 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.08 percent at $9,477 a ton.

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