Peter McGuire analyzes the potential impact of increased tariffs on copper prices, noting President Trump’s revenue-focused agenda. Suppliers face decisions on absorbing costs or passing them to consumers, affecting competitiveness. McGuire anticipates higher copper prices, observing market reactions on COMEX and monitoring LME trading to assess future trends.
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