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Macro Finance

Copper Sinks to One-Week Low as Tech Rout, Oil Fuel Growth Fears

Bloomberg Markets·October 30, 2026·1 min read

Copper fell to its lowest level in a week on the London Metal Exchange as a selloff in technology stocks and higher oil prices stoked concerns about global growth. The decline reflects investor anxiety that the AI-driven rally may be overblown, with commodities like copper sensitive to economic slowdown fears. Traders are now watching for further signals from central banks and earnings reports.

Read at Bloomberg Markets
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