Copper Futures Head for Biggest Two-Day Rally Since March 2009

Business Week reported that copper surged to a biggest two-day rally since March 2009 after European leaders moved closer to resolving its debt crisis and manufacturing expanded in China.

As quoted in the market news:

European leaders outlined plans to aid banks and ruled out borrowing unlimited amounts from the European Central Bank to boost a rescue fund. Chinese manufacturing may expand in October, ending the longest contraction since 2009, according to a preliminary purchasing managers’ index.

Click here to read the full Business Week report