COMEX Copper saw good buying on firm US equities. The major US averages finished the session just off their best levels of the day. The Dow jumped 932.27 points or 2.8 percent to 34,061.06, the Nasdaq surged 401.10 points or 3.2 percent to 12,964.86 and the S&P 500 spiked 124.69 points or 3 percent at 4,300.17. The stocks surged after Federal Reserve Chair Jerome Powell indicated the central bank does not plan to raise interest rates as aggressively as some had feared. Copper rose further in Asia on supportive cues from major indices and currently trades up 1.34% at $4.42 per pound.
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