Copper Dropped 2% Over U.S. Durable Goods Data

Reuters reported copper dropped more than 2 percent due to unexpected U.S. durable goods data.

As quoted in the market news:

In New York, the May COMEX contract plunged 8.75 cents or 2.3 percent to settle at $3.7925 per lb, after dealing between $3.7825 and $3.87.

Click here to read the full Reuters report.