Copper Futures Drop in Commodity Slump Paced by Energy
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Copper futures fell for the second time in three days as commodities tumbled, spurred by slumping energy prices.
The Standard & Poor’s GSCI Spot Index of 24 raw materials fell as much as 1.4 percent. Crude oil headed for the third straight weekly decline, the longest slump in four months, on signs of ample supplies. Most industrial metals traded in London dropped.