Copper Dropped 0.3 Percent Over Europe’s Worsening Debt Crisis

Bloomberg reported that copper dropped 0.3 percent on concern over Europe’s worsening debt crisis.

As quoted in the market news:

Copper futures for May delivery fell 0.3 percent to settle at $3.6395 a pound at 1:14 p.m. on the Comex in New York, after reaching $3.6305, the lowest since Jan. 17. The metal has dropped 4.1 percent this week, the biggest three-session slump in a month.

Click here to read the full Bloomberg report.