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Commodity Post Session News

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(29 Jul 2025, 17:44)

Copper tries to stabilize after massive collapse in last session

COMEX Copper futures slumped nearly 3% yesterday amid firm US dollar index and also tested a three-week low. The metal is trading flat around $5.52 per pound right now. Asian stocks ended Tuesday's session mixed as outcome of ongoing US-China talks weighed on sentiments. Chinese Shanghai Composite index rose 0.33% while Hong Kong's Hang Seng index eased 0.15%. Japan’s Nikkei average dipped 0.79%. Meanwhile, European stocks moved up as focus shifted to earnings. The US stocks saw choppy moves yesterday. However, Nasdaq and the S&P 500 reached new record closing highs. The Dow eased 0.1%.
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