Copper Drops as S&P’s May Cut EU’s Credit Ratings

Business Week reported that copper dropped on concern that Standard & Poor’s may lower credit ratings for Eurozone’s nations.

As quoted in the market news:

Copper for three-month delivery declined 1.8 percent to $7,800 a metric ton by 9:37 a.m. on the London Metal Exchange.

Click here to read the full Business Week report.