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Copper rebounds as inventories, stock markets stabilise
LONDON: Copper prices bounced on Friday after a sharp decline in the previous session as stock markets stabilised and the build-up of inventories slowed. Three-month copper on the London Metal Exchange gained 0.8% to $14,190 a metric ton by 1000 GMT, having slid 1.9% to a five-week low in the previous session. Metals markets were supported as a rout in global tech shares eased after concerns over the enormous funding needs of AI had hammered Wall Street. “Today we’ve got the Nasdaq futures bouncing after that sell-off yesterday, and that’s probably why we’re seeing some metals investors gettin...
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