Mumbai, Feb. 10 -- COMEX copper is taking a pause in early Asian trades on Tuesday following a two day rally that helped the counter rebound from a one-week low to near $6 per pound mark. A sustained rise in LME inventories capped gains. However, overnight US equities are likely to keep the red metal supported. The Dow crept up 20.20 points or less than a tenth of a percent to 50,135.87, the Nasdaq jumped 207.46 points or 0.9 percent to 23,238.67 and the S&P 500 climbed 32.52 points or 0.5 percent to 6,964.82. Currently, the counter is quoting at $5.92 per pound, down 0.41% on the day.
Published by HT Digital Content Services with permission from Capital Market....