February, 18 2026 Wednesday 06:40 Hrs
Last update 11-9-2025
  • SENSEX :   83,450.96

  • Commodity broking firm in India173.81( 0.21%) 17-Feb-2026

Pre Session Commentary - Detailed News

Base Metals Preview: COMEX copper down around 1%
16-Feb-26   09:37 Hrs IST

COMEX copper continues to stay under $6 per pound mark on Monday morning in Asia tarcking weak cues from equities. The tech-heavy Nasdaq dipped 50.48 points or 0.2 percent to 22,546.67 on Friday, adding to the steep loss posted on Thursday, the S&P 500 inched crept up 3.41 points or 0.1 percent to 6,836.17 and the Dow inched up 48.95 points or 0.1 percent to 49,500.93. For the week, the Nasdaq tumbled by 2.1 percent, while the S&P 500 and the Dow slumped by 1.4 percent and 1.2 percent, respectively. Elevated inventories also weighed on the red metal. The counter currently trades at $5.74 per pound, down 1% on the day.

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