Copper Futures Mixed, Later Contracts Bright

Copper futures on the COMEX are showing a mixed bag this morning, with near-term contracts hovering around $5.45 per pound and later months painting a brighter picture. The January and February contracts edged higher, while the March contract slipped. Traders in construction and electronics are closely watching copper prices, which tie into home building and electric vehicle production. Open interest jumped, signaling fresh bets as the market grinds through the session.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.