Copper Rose 2 Percent to $3.6980 Per Pound

Reuters reported copper rose 2 percent to $3.6980 per pound.

As quoted in the market news:

London Metal Exchange (LME) three-month copper rose $140 to finish at $8,190 a tonne, nearly 4 percent away from its weekly trough on Monday at $7,885.25 — its cheapest level since late January. In New York, the May COMEX contract firmed 7.05 cents or 1.9 percent to settle at $3.6980 per lb, after dealing between $3.6245 and $3.7125.

Click here to read the full Reuters report.