Copper lingers around last week’s lower levels at $4.66 per pound after the red metal slumped almost 3% on Friday alone to end at $4.63 per pound but still managed to edge up for the week. The metal stayed mostly supported all through last week amid continued gains equities and hefty declines in LME Copper inventories as the red metal held around four and half month high from which it slipped. Meanwhile, US equities struggled for direction but posted strong gains for the week. While the tech-heavy Nasdaq climbed 81.13 points or 0.4 percent to 20,026.77, the S&P 500 edged down 0.44 points or less than a tenth of a percent to 6,114.64 and the narrower Dow fell 165.35 points or 0.4 percent to 44,546.08. For the week, Nasdaq surged by 2.6 percent, the S&P 500 jumped by 1.5 percent and the Dow advanced by 0.6 percent.