Copper Drops to One-Week Low in New York as Bailout Plan Stalls

Of course, a one week low when it’s already too high is of more interest to speculators than manufacturers, but it is interesting to see how these things are all intertwingled.

Bloomberg.com
Copper fell to a one-week low after the U.S. government’s $700 billion plan to bail out the finance industry faltered and regulators seized lender Washington Mutual Inc., raising concerns that economic growth will stall.

This entry was posted in Copper. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *