COMEX copper stays pressured in early Asia on Thursday following a near 1.5% surge in the previous session. Renewed strength in dollar above 98 mark coupled with a sharp slide in overnight equities are adding weight on the red metal. The tech-heavy Nasdaq tumbled 418.14 points or 1.8 percent to 22,693.32, the S&P 500 slumped 78.83 points or 1.2 percent to 6,721.43 and the Dow slid 228.29 points or 0.5 percent to 47,885.97. Currently, the counter is quoting at $5.39 per pound, down 0.75% on the day.
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