S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketCopper held below $5.85 per pound on Thursday after losing nearly 4% in the previous session, weighed down rising supplies in top consumer China. An industry group has forecasted that the country’s refined copper output will likely rise by about 5% this year following a 10% increase last year. Rising stockpiles in major trading hubs, particularly LME warehouses in Asia, also weighed on prices, signaling that supplies initially destined for the US may have been redirected elsewhere. On the demand side, purchases from Chinese fabricators and manufacturers slowed for a second consecutive day on Wednesday as businesses prepare for the Lunar New Year holidays. The dip-buying earlier this week also faded as precious metals, especially gold and silver, came under renewed selling pressure.
