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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
CopperMarkets

Copper Reverses Gains as Metals Retreat

Copper futures dropped more than 3% to around $6 per pound on Friday, reversing a sharp rally from the previous session amid a broad retreat across the metals complex. Investors locked in profits after copper, gold, silver, and other metals surged to record levels, while a nascent rebound in the dollar added further pressure. Market participants also reassessed the fundamentals behind the recent speculative rally, which had been driven in part by expectations of higher long-term demand amid limited supply following decades of underinvestment in new mining projects. Demand projections are supported by surging investment in data centers and the electrification infrastructure needed for AI services and electric vehicle charging stations. Recurring tariff threats from US President Donald Trump further amplified the rise in metal prices, as investors sought hard assets amid economic uncertainty and deteriorating confidence in the dollar.

Today Markets

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