COMEX Copper futures stabilizing around three-week low

COMEX Copper futures are stabilizing around three-week low today, attempting a pullback after recent wave of correction. The metal currently trades down 0.23% at $6.26 per pound. In Asia, China's main CSI300 index eased 0.16%. Hong Kong's benchmark Hang Seng index fell 0.65%. Japan?s Nikkei average edged up marginally by 0.12%. European stocks edged up modestly today after recent set of losses. Copper dipped around 1% yesterday as the US equities fell after President Donald Trump signaled that negotiations with Iran were taking too long. The Dow Jones Industrial Average fell by 953.33 points, or 1.87%, S&P 500 lost 1.62% and the Nasdaq Composite dropped 1.98%.

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