Copper prices dipped on the London Metal Exchange and Shanghai Futures Exchange following U.S. President Trump’s announcement of a 50% tariff on copper. This move effectively ends the arbitrage trade that had been drawing copper into the U.S., causing Comex inventories to surge.
US stocks today: S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion club
US stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into the $1