COMEX Copper futures tested an over two week low on Thursday morning in Asia, tracking tepid action in global equities as broad worries posed by a firm US dollar weighed on the sentiments. The dollar index surged sharply to near 108 mark adding pressure on the red metal. The counter currently quotes at $4.09 per pound, down 1.5% on the day. Wall Street witnessed a sharp selloff after the Federal Reserve announced its widely expected decision to lower interest rates by a quarter point but forecast fewer than previously estimated rate cuts next year. The Dow plummeted 1,123.03 points or 2.6 percent to 42,326.87, the Nasdaq dove 716.37 points or 3.6 percent to 19,392.69 and the S&P 500 plunged 178.45 points or 3.0 percent to 5,872.16.

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