Mumbai, Dec. 16 -- COMEX Copper is down sharply more than around 1.5% at $5.33 per pound in early Asian trades on Tuesday tracking weakness in overnight equities. Besides, China's industrial output rose 4.8% year-on-year, National Bureau of Statistics (NBS) data showed, the weakest pace since August 2024, further weighing on the red metal. Meanwhile, the tech-heavy Nasdaq slid 137.76 points or 0.6 percent to 23,057.41, the S&P 500 dipped 10.90 points or 0.2 percent to 6,816.51 and the Dow edged down 41.49 points or 0.1 percent at 48,416.56.
Published by HT Digital Content Services with permission from Capital Market....