Futures market news reports copper futures climbing 0
Futures market news reports copper futures climbing 0.8% to $4.12 per pound, driven by Chinese infrastructure spending announcements. Industrial metal optimism may carry over into mining equities in the US futures market. Jorge Leon at Rystad Energy said: "OPEC+ stepped carefully after witnessing how nervous the market had become ... The group is walking a tightrope between maintaining stability and clawing back market share in a surplus environmen." The S&P 500 rose on Monday as Wall Street regained some of its footing after a week in which the artificial intelligence trade lost a bit of steam. Futures market news points to S&P 500 futures seeing a pre-market pullback to 5,145, with traders citing thin liquidity ahead of monthly options expiry. Technical charts highlight support at the 20-day EMA.
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