Copper prices have erased nearly all of their gains for the year and are on the brink of entering correction territory, a signal that some investors are still wagering on a continued growth slowdown overseas. An industrial metal heavily used in construction and manufacturing, copper is closely tied to the health of the world economy because shifts in global growth tend to swing demand. Prices surged to start the year amid optimism the U.S. and China would soon resolve their trade fight but have slid in recent days, with many...
Source: Wall Street Journal May 24, 2019 12:00 UTC