Copper Falls Most in Two Weeks as U.S. Job Growth Disappoints
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Copper fell the most in almost two weeks after U.S. payrolls rose less than forecast in June, damping growth prospects.
U.S. employers added 18,000 workers last month, the fewest in nine months, and the unemployment rate unexpectedly climbed, Labor Department data showed today. Economists expected a gain of 105,000, the median estimate in a Bloomberg News survey. The U.S. is the world’s largest copper consumer after China.