Mumbai, Feb. 13 -- COMEX Copper is staying muted on Thursday morning in Asia even as stocks in US showed a notable recovery attempt over the course of the trading day on Wednesday. The Nasdaq inched up 6.09 points or less than a tenth of a percent to 19,649.95 after tumbling by as much as 1.2 percent, but the Dow and the S&P 500 ended the day in the red. The Dow slid 225.09 points or 0.5 percent to 44,368.56, while the S&P 500 fell 16.53 points or 0.3 percent to 6,051.97. Dollar also stayed largely steady despite a higher inflation reading. However, some consolidation took place in the counter after a more than 2% tumble earlier this week. COMEX Copper futures are currently quoting at $4.69 per pound, down 0.16% on the day.
Published by HT...