Copper Increases 2.6%

Bloomberg reported that copper increased 2.6% on speculation over additional stimulus measures to bolster China’s economy.

As quoted in the market news:

Copper futures for September delivery gained 2.6 percent to settle at $3.504 a pound at 1:20 p.m. on the Comex in New York, the biggest gain for a most-active contract since June 29. The metal rose 2.8 percent this week.

Click here to read the full Bloomberg report.