Mumbai, Sept. 9 -- COMEX Copper futures climbed by around half a percent in early Asian trades on Tuesday tracking positive cues from equities and easing dollar overseas. The Nasdaq climbed 98.31 points or 0.5 percent to 21,978.70, the Dow increased 114.09 points or 0.3 percent to 45,514.95 and the S&P 500 rose 13.65 points or 0.2 percent to 6,495.15. The strength on Wall Street partly reflected optimism about the outlook for interest rates following last Friday's weaker-than-expected U.S. employment data. Meanwhile, data showed in August, China's Copper concentrate imports rose by 7.4% YoY to 2.8 million tonnes on strong domestic refined output. Currently, the counter trades at $4.57 per pound, up 0.41% on the day.
Published by HT Digital...