Mumbai, Oct. 16 -- COMEX copper edged under $5 per pound mark on Thursday morning in Asia amid escalating US-China tensions that has darkened the global demand outlook. US-China trade friction is weighing on sentiments and is keeping Copper under check after it hit more than two-month high earlier this month. The commodity currently trades at $4.97 per pound, down 0.7% on the day. Meanwhile, on the Wall Street, the Dow edged down 17.15 points or less than a tenth of a percent to 46,253.31, but the S&P 500 rose 26.75 points or 0.4 percent to 6,671.06 and the Nasdaq climbed 148.38 points or 0.7 percent to 22,679.08.
Published by HT Digital Content Services with permission from Capital Market....