New York Mercantile Exchange › COPPER Mar 2013 (NYMEX:HG.H13)
3.4325 -0.0025 (-0.07%)
2013-03-26 13:11:22, 30 min delay
|Contract High Date||2012-04-03|
|Contract Low Date||2011-10-20|
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Today's Financial News
2 hours, 38 minutes ago
WASHINGTON (AP) — Sen. Max Baucus, the Montana Democrat who helped Republican George W. Bush win sweeping tax cuts, led the design of President Barack Obama's health law and then correctly predicted it would be a "train wreck," is getting a diplomatic plum: Washington is shipping him to China. A moderate from a rural, Western state, Baucus is something of an enigma in Washington. He has worked hard to nurture bipartisan relationships in a town that thrives on political fights. He is more conservative than many of his Democratic colleagues, yet he was a key architect of Obama's signature health care measure, the most politically divisive law since Bush's tax cuts in 2001 and 2003. Baucus was also a key player in them.
2 hours, 41 minutes ago
NEW YORK (AP) — The price of gold slumped below $1,200 an ounce Thursday, the lowest in more than three years, a day after the Federal Reserve said it would pull back on its stimulus program. Gold went as high as $1,900 an ounce in August 2011 partly because traders feared that the Fed's efforts to support the U.S. economy with easy money policies would cause inflation. That never happened.
2 hours, 43 minutes ago
NEW YORK (AP) — Stocks are mostly lower on Wall Street a day after hitting their latest record high. Long-term interest rates and the dollar rose after the Federal Reserve said it would reduce its bond purchases. The Standard & Poor's 500 fell a point, or 0.06 percent, to 1,809 Thursday. The Dow Jones industrial average edged up 11 points, or 0.07 percent, to 16,179. The Nasdaq composite fell 12 points, or 0.3 percent, to 4,058.
2 hours, 44 minutes ago
WASHINGTON (AP) — Consumers will likely pay more for home loans. Savers may earn a few more dollars on CDs and Treasurys. Banks could profit. Investors may get squeezed. The drop in the Fed's monthly bond purchases from $85 billion to $75 billion is expected to lead to higher long-term borrowing rates. Which means loan rates could tick up, though no one knows by how much.