Copper drifted lower today, sliding under $4.60 per pound mark in intraday moves as weak equities weighed on the sentiments. COMEX Copper futures are currently trading at $4.63 per pound, down 0.40% on the day after recording a 1.50% crash in last session as a broadly weak run extended for the metal this month. MCX Copper futures are trading at Rs 856.05 per kg, down 0.42% on the day after falling around Rs 851.50 per kg mark. In Asia, China's Shanghai Composite index fell 1.62% on the day. Hong Kong's Hang Seng index dipped 0.79% while Japan's Nikkei index tanked 1%. European stocks saw modest losses with German DAX shedding 0.15% on the day. The US stocks saw choppy moves yesterday. The Dow eased 0.21% while NASDAQ added 0.72%. The S&P 500 rose 0.10%.
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