Mumbai, May 28 -- COMEX copper is staying pressured near a one-week low on Thursday tracing a firm dollar overseas and choppy finish to US equities overnight. The Dow climbed 182.60 points or 0.4 percent to 60,644.28, the Nasdaq inched up 18.55 points or 0.1 percent to 26,674.73 and the S&P 500 crept up 1.24 points or less than a tenth of a percent to 7,520.36. Waning sentiment amid renewed tensions in Middle East and resurging oil prices are weighing on the red metal which is quoting at $6.33 per pound at the time of writing. On the MCX, Copper futures are trading at around Rs 1344 per kilogram.
Published by HT Digital Content Services with permission from Capital Market....