Copper Falls 2.7 Percent

Bloomberg reported that copper futures inched down on concern over European manufacturing and service industries.

As quoted in the market news:

Copper futures for March delivery declined 2.7 percent to close at $3.4345 a pound at 1:15 p.m. on the Comex in New York, the biggest drop for a most-active contract since Dec. 14. The metal gained 4.8 percent in the previous three sessions.

Click here to read the full Bloomberg report.