Mumbai, Feb. 7 -- COMEX Copper futures continue soar higher around a four month high tracking positive cues from overnight equities and dollar weakness. The Nasdaq and the S&P 500 reached new highs for the session going into the end the day, closing higher for the third straight session. The Nasdaq climbed 99.66 points or 0.5 percent to 19,791.99 and the S&P 500 rose 22.09 points or 0.4 percent to 6,083.57, but the narrower Dow fell 125.65 points or 0.3 percent to 44,747.63. Besides, falling LME Copper inventories are also keeping the red metal supported. The counter currently trades up 0.78% at $4.49 per pound.
Published by HT Digital Content Services with permission from Capital Market....