Copper drops to more than one-week low on demand concerns
LME copper traded 1.2% lower at $14,450 a metric ton in official rings, the lowest since Sept. 17.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
20 results loaded, newest first. End of these results.
LME copper traded 1.2% lower at $14,450 a metric ton in official rings, the lowest since Sept. 17.
Stocks fell, Brent crude rose as much as 3% to $107.16 a barrel and 30-year Treasury yields climbed to 5.517%, near the highest since 2004. The dollar firmed, gold fell 3% and the yen strengthened after Japan's top currency diplomat warned against excessive falls.
The S&P 500 rose 0.49%, the Nasdaq gained 0.47% and the Dow added 0.91% as AI-related shares led gains. Akamai surged after an $11.6 billion deal with Anthropic, while the benchmark 10-year Treasury yield hit a fresh 19-year high.
The S&P 500 rose 0.45%, the Nasdaq gained 0.50% and the Dow advanced 0.78%. Microsoft climbed 3.3% after unveiling new Copilot capabilities, while Akamai surged 6% on an $11.6 billion Anthropic deal.
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
The Securities and Exchange Commission (SEC) on Thursday created a five-year temporary regulatory pathway for trading certain tokenized U.S. stocks on blockchain-based venues, granting conditional exemptions from exchange and dealer-registration rules. SEC Opens Five-Year Path For Tokenization The SEC’s "Innovation Exe
Brent crude climbed as high as $100.95, its strongest level since July, after U.S. strikes on five Iranian tankers and fresh retaliation near the Strait of Hormuz.
U.S. crude rises above $85 a barrel as Strait of Hormuz disruption keeps oil logistics under strain, with USO, XOP and OIH each in the green year to date.
Despite historic refining margins and 10% of global capacity sitting offline, former Petronas trader Baron Lamarre warns that a “temporary crude surplus” makes ETFs like United States Oil Fund, LP (NYSE: USO ) and United States Brent Oil Fund, LP (NYSE: BNO ) poor plays right now. Instead, experts suggest targeting ind
The collapse of the US peace deal with Iran has caused the Dow Jones Industrial Average (DJIA) to sink lower as a more volatile outlook appears to be the new standard for the index amid the latest wave of geopolitical uncertainty in the Middle East. President Donald Trump announced on Tuesday evening that he believes t
Trump on Iran: Would rather make a deal.
Ukraine is raising the cost of war for Russia with drone strikes on Moscow oil refinery and Crimea, testing Putin's resolve
Ukraine strikes a Moscow oil refinery in a drone strike and steps up attacks on Russian-occupied Crimea, raising the cost of Russia's war against it
Maritime vessels continued to move through the Strait of Hormuz on Sunday, though at a much lower rate, a day after Iran announced that it had closed the strategic waterway to shipping. Transits through the strait dropped to 12 today, down from more than 21 on Saturday, according to maritime risk analytics firm Windwar
US-Iran talks in Switzerland have been canceled, casting uncertainty over the recently announced accord
Swiss-hosted follow-up talks were canceled, highlighting uncertainty around the accord. Analysts said the agreement was only the first step toward a broader settlement. "This is a really bad deal," according to David Roche, a strategist at Quantum Strategy. News that the U.S. and Iran had reached an interim deal may ha
US-Iran talks in Switzerland were canceled, highlighting uncertainty around the accord
Swiss-hosted follow-up talks were canceled, highlighting uncertainty around the accord. Analysts said the agreement was only the first step toward a broader settlement. "This is a really bad deal," according to David Roche, a strategist at Quantum Strategy. News that the U.S. and Iran had reached an interim deal may ha
Fed Chairman Kevin Warsh's tough talk on inflation reverberated through financial markets, with traders expecting that the central bank could start jacking up interest rates in just a few months. A popular narrative that Warsh was sent to the Fed to ease monetary policy at all costs was quickly dispelled within the spa
Fed Chairman Kevin Warsh's tough talk on inflation reverberated through financial markets, with traders expecting that the central bank could start jacking up interest rates in just a few months. A popular narrative that Warsh was sent to the Fed to ease monetary policy at all costs was quickly dispelled within the spa