Mumbai, Feb. 10 -- COMEX Copper futures stay supported around a four month high on Monday morning in Asia even as dollar rebounds above 108 mark and equities on the Wall Street lack luster. Falling LME Copper inventories however, are keeping the red metal supported. On Friday, the Nasdaq dove 268.59 points or 1.3 percent to 19,523.40, the Dow tumbled 444.23 points or 1.0 percent to 44,303.40 and the S&P 500 slumped 57.58 points or 1.0 percent to 6,025.99. With the significant pullback on the day, the major averages also closed lower for the week. The S&P 500 dipped by 0.2 percent, while the Dow and the Nasdaq both fell by 0.5 percent.
Published by HT Digital Content Services with permission from Capital Market....