Copper Falls on Concern Europe Struggles to Resolve Debt Crisis
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Copper fell for the first time in three sessions as concerns escalated that European leaders are struggling to resolve debt woes.
Equities and the euro dropped after the U.K. said a meeting of European Union finance ministers that was scheduled for tomorrow was canceled. U.S. consumer confidence unexpectedly slumped in October to the lowest since March 2009, when the economy was in a recession, while home prices in 20 cities fell more than forecast in August, reports showed today.