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(11 Mar 2026, 17:41)

Copper futures down 1.70% amid weak European equities

COMEX Copper futures tanked today as war worries weighed on the sentiments. Iran early Wednesday claimed it launched its most intense and heaviest operation since the start of the war across Gulf states and Israel, according to media reports. This pulled the metal down amid mixed equities and COMEX Copper futures are currently quoting down 1.70% at $5.84 per pound, giving up a sharp bounce in last session. Meanwhile, in Asia, China's Shanghai Composite index added 0.25%, cutting some of the latest losses. Hong Kong’s Hang Seng index lost 0.24%. Japan’s Nikkei average spiked 1.40%. European stocks stayed under pressure as major indices fell around 1%. The US stock markets saw steady moves on Tuesday. The S&P 500 eased 0.2%, the Dow Jones Industrial Average shed 0.1%, and the Nasdaq composite moved up very marginally.
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