Copper Extends Drop as AI Stocks Weigh Ahead of Fed Meeting
Copper extended last weekโs drop as artificial intelligence stocks came under further pressure, sapping risk appetite ahead of the Federal Reserveโs policy meeting.
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Copper extended last weekโs drop as artificial intelligence stocks came under further pressure, sapping risk appetite ahead of the Federal Reserveโs policy meeting.
Gold steadied after its biggest weekly drop since June, with traders weighing stubbornly high energy prices ahead of the Federal Reserveโs upcoming policy meeting.
US corn futures fell for a sixth day, their longest losing streak since March 2025, as harvest pressure and weak exports led hedge funds to sell their positions at a rapid pace.
US natural gas futures increased slightly as forecasts shifted to show colder weather than previously expected across the eastern US, indicating higher demand for the furnace fuel as consumers crank up the heat. Gas flows to liquefied natural gas export terminals on the US Gulf Coast also rose, leaving less gas within the domestic market and adding upward pressure to prices.