Mumbai, Aug. 20 -- COMEX copper is mildly lower this morning after the red metal gains some traction in the previous session as dollar fell sharply. Positive cues from overnight equities are also likely to keep the metal close to its current levels of $6.50 per pound mark. Following the pullback seen over the past few sessions, stocks on Wall Street showed a modest move back to the upside during trading on Wednesday. The Dow climbed 119.65 points or 0.2 percent to 53,463.05, the Nasdaq rose 41.38 points or 0.2 percent to 26,331.09 and the S&P 500 edged up 16.22 points or 0.2 percent to 7,707.98.
Published by HT Digital Content Services with permission from Capital Market....