COMEX copper continues to hold well above a four month high tracking positive sentiments from equities and weakness in dollar overseas. Dollar pulled back to its lowest level in nearly two months following Fed’s much awaited rate cut decision. Meanwhile, in overnight equities, the Dow jumped 497.46 points or 1.1 percent to 48,057.75, the S&P 500 climbed 46.17 points or 0.7 percent to 6,886.68 and the Nasdaq rose 77.67 points or 0.3 percent to 23,654.16. Currently, the red metal is quoting at $5.37 per pound, up 0.40% on the day. On MCX, Copper is trading around Rs 1090 per kg.