Mumbai, Oct. 30 -- COMEX copper slipped back from a two-week high to around $6.56 per pound on Friday morning in Asia. Sharp pull back in overnight equities added pressure on the red metal. The Nasdaq tumbled 365.13 points or 1.4 percent to 26,184.72, giving back ground after surging by 2.3 percent over the three previous sessions. The S&P 500 also dipped 23.59 points or 0.3 percent to 7,720.39, while the Dow fell 132.54 points or 0.3 percent to 52,342.56. The uncertainty over the resolution in the Middle East conflict also continues to weigh on market sentiment.
Published by HT Digital Content Services with permission from Capital Market....